China Pledges To Buy $200 Billion Of American Goods Under Phase One Trade Deal

From Forbes.com: The Phase One deal includes agreements on intellectual property, technology transfers and currency as well as explicit commitments from China to buy at least $200 billion of U.S. exports over the next two years, according to a U.S. Trade Representative document.

More: The target for manufactured goods is the largest, with China pledging to spend an additional $80 billion on U.S. autos, auto parts, aircraft, machinery, medical devices and semiconductors. China will also buy over $50 billion more in energy supplies and around $35 billion more of U.S. services.

But, but…Impeachment!

Read the whole thing: https://www.forbes.com/sites/sergeiklebnikov/2020/01/14/china-pledges-to-buy-200-billion-of-american-goods-under-phase-one-trade-deal/#b93947738bb2