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China to ramp up U.S. buys under trade deal, but skeptics question targets
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 U.S. trade experts call it an unrealistic target. video Under the 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 two-year period, the source told Reuters late on Monday. The Phase 1 agreement also calls for Chinese purchases of U.S. agricultural goods to increase by some $32 billion over two ... (full story)