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  • In the "phase one" trade deal, China agreed to buy $200 billion more in US goods over two years than it did in 2017 before the trade war erupted, according to the agreement signed Wednesday. That includes an additional $32 billion in American farm products and seafood, nearly $78 billion in manufactured goods like aircraft, machinery and steel, and $52 billion in energy products. Below are the details from the text of the agreement, with figures in billions of US dollars: Year 1 Year 2 Total Manufactured goods 32.9 44.8 77.7 Industrial machinery Electrical equipment, machinery Pharmaceutical products Aircraft (orders, deliveries) Vehicles Optical, medical instruments Iron and steel Other manufactured goods Agriculture 12.5 19.5 32.0 Oilseeds Meat Cereals Cotton Other agricultural commodities Seafood Energy 18.5 33.9 52.4 Liquefied natural gas Crude oil Refined products Coal Services 12.8 25.1 37.9 Charges for use of IP Business travel, tourism Financial services, insurance Other services TOTAL 76.7 123.3 200.0 hs/dg
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  • In trade deal, China agrees to buy $200 bn more in US goods over 2 years
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