Here’s what China agreed to buy from the US in the phase one trade deal

China agreed to purchase an additional $200 billion in U.S. goods over the next two years as part of the “phase one” trade deal. The two nations signed the first-phase trade agreement Wednesday afternoon at the White House. The phase one deal is seen as a sort of truce and includes concessions by the Chinese to crack down on intellectual property theft and the forced transfer of American technologies. But it also includes import targets for Beijing, which has promised to buy a host of American p


China agreed to purchase an additional $200 billion in U.S. goods over the next two years as part of the “phase one” trade deal.
The two nations signed the first-phase trade agreement Wednesday afternoon at the White House.
The phase one deal is seen as a sort of truce and includes concessions by the Chinese to crack down on intellectual property theft and the forced transfer of American technologies.
But it also includes import targets for Beijing, which has promised to buy a host of American p
Here’s what China agreed to buy from the US in the phase one trade deal Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-15  Authors: thomas franck
Keywords: news, cnbc, companies, billion, phase, work, agreed, worth, trade, buy, deal, includes, goods, heres, american, additional, china, 200


Here's what China agreed to buy from the US in the phase one trade deal

China agreed to purchase an additional $200 billion in U.S. goods over the next two years as part of the “phase one” trade deal.

The additional purchases will come on top of the 2017 U.S. export numbers.

The two nations signed the first-phase trade agreement Wednesday afternoon at the White House. The globe’s two largest economies have for the better part of two years slapped tariffs of billions of dollars’ worth of each other’s goods in one of the most protracted trade battles in modern American history.

The phase one deal is seen as a sort of truce and includes concessions by the Chinese to crack down on intellectual property theft and the forced transfer of American technologies. But it also includes import targets for Beijing, which has promised to buy a host of American products as the two sides work toward a permanent bilateral agreement.

The composition of that additional $200 billion is as follows:


Company: cnbc, Activity: cnbc, Date: 2020-01-15  Authors: thomas franck
Keywords: news, cnbc, companies, billion, phase, work, agreed, worth, trade, buy, deal, includes, goods, heres, american, additional, china, 200


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