China vows to buy more US goods


Good sign: Trump meets with Liu in the Oval Office of the White House in Washington. China has agreed to buy a substantial amount of American soybeans, a move which Trump saysa sign of good faith. — Reuters

WASHINGTON: China promised to “substantially” expand purchases of US goods after the latest round of trade talks, and both sides planned further discussions to reach a breakthrough with only a month to go before the Trump administration is set to ratchet up tariffs.

President Donald Trump said on Thursday he would dispatch two of his top negotiators to China following two days of talks with Chinese officials in Washington. Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer will visit the Asian nation in mid-February to hold the next round of talks.

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