China Agrees to Buy $80bn of Additional US Products Prior to the Signing Ceremony
China has agreed to purchase about $80 billion of additional manufactured goods from the United States over the next two years, to suspend trade war.
According to the source, China has agreed to purchase about $80 billion of additional manufactured goods from the United States over the next two years, to suspend trade war.
The trade agreement schedules to be signed on Wednesday in Washington, USA, China would buy over $50 billion on energy supplies and spend $35 billion over the same two-year period to boost purchases of U.S. services.
The U.S. also demands China increasing the buying of agricultural goods to $32 billion over two years, which is the number close to the $40 billion annual goal touted by U.S. President Donald Trump.
The source said that the purchase of $80 billion will include buying on autos, auto parts, aircraft, agricultural machinery, medical devices and semiconductors.
