REPORT: China pledges to buy ‘substantial amount’ of U.S. goods

JANUARY 9, 2019

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As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by REUTERS.COM:

WASHINGTON (Reuters) – China has pledged to purchase “a substantial amount” of agricultural, energy and manufactured goods and services from the United States, the U.S. Trade Representative’s office said on Wednesday after U.S.-China trade talks wrapped up in Beijing.

In a statement that gave few details on the specific outcomes of the latest talks, USTR said the two sides discussed “ways to achieve fairness, reciprocity and balance in trade relations between our two countries.”

The article goes on to state the following:

U.S. and Chinese officials also discussed issues related to intellectual property protections and the need for any agreement that resolves the trade dispute between the world’s two largest economies “to provide for complete implementation subject to ongoing verification and effective enforcement,” USTR said.

The meetings this week were the first face-to-face talks since U.S. President Donald Trump and Chinese President Xi Jinping agreed in December to a 90-day truce in a trade war that has roiled global financial markets.

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