China to buy $80-billion additional US goods under phase one trade deal


China has pledged to buy almost $80 billion of additional manufactured goods from the United States over the next two years as part of a trade war truce, according to a source, though some US trade experts call it an unrealistic target. Under the Phase 1 trade deal to be signed on Wednesday in Washington, China would also buy over $50 billion more in energy supplies and boost purchases of U.

S. services by about $35 billion over the same period, the source, who was briefed on the deal, told Reuters late on Monday. The agreement also.....

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