Sources: China will double the purchase of agricultural products from the UNITED states

China is reportedly ready to buy for $ 50 billion, agricultural products from the UNITED states as part of the trade agreement. China will buy $ 50 billion -

Sources: China will double the purchase of agricultural products from the UNITED states

China is reportedly ready to buy for $ 50 billion, agricultural products from the UNITED states as part of the trade agreement.

China will buy $ 50 billion - equivalent to well 330 billion - u.s. agricultural goods, while the UNITED states will roll back and reduce the tariff.

It illuminates the sources with knowledge of the trade negotiations, according to Reuters, while the two countries Thursday took steps to de-escalate the handelskrigen.

Buy China in the extent, it will correspond to a doubling of what the country bought from the U.S. in 2017, before handelskrigen began.

It shall notify the two us sources with knowledge of the negotiations, according to Reuters.

in return, the U.S. will postpone a planned customs duty of 160 billion u.s. dollars, which was set to take effect 15. december. In addition, existing tariffs being rolled back in varying degrees.

the UNITED states and China is "in principle" agreed on a first phase of a trade agreement, wrote to the news agency Bloomberg News earlier Thursday.

It was, however, at the same time pointed out that a future agreement still awaiting approval from the president of the UNITED states, Donald Trump.

He was reported to meet with his handelsrådgivere Thursday local time, and a possible opinion from the president is expected.

Handelskrigen between the UNITED states and China have had a major influence on global growth. It has also lessened the profit of a number of companies around the world, writes Reuters.

the UNITED states has announced that it will provide a milliardstor support to the american farmers who have been affected by the conflict.

- If it is signed, it is an encouraging first stage, that puts a preliminary end to a further deterioration of the bilateral relationship, said Craig Allen, leader of the american-chinese forretningsråd, according to Reuters about the possible future of the first phase of an agreement.

- But this is only the beginning. The problems between the UNITED states and China is complex and multi-faceted. It is unlikely that they will all be resolved quickly.

/ritzau/

Updated Date: 13 December 2019, 09:00

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