World Affairs

China Offers To Make Up Trade Imbalance With United States — Will Speed Up Buying Goods!

The opposition media will probably try to hide this GREAT NEWS on the last page of their reporting if that!

This story is still developing but it sounds like great news for the country and should make more Americans know that Pres. Trump is working hard for the success of the nation.

China has offered to make up the trade imbalance with the United States, telling U.S. trade negotiators that China will ramp its purchases of U.S. goods, Bloomberg News reported on Friday, citing officials familiar with the talks.

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Chinese officials made the offer during negotiations in Beijing earlier in January, the report said. China would increase its annual import of U.S. goods by a combined value of over $1 trillion, the officials told Bloomberg.

The U.S. had a trade deficit of $323 billion with China in 2018. This deal would aim to reduce that annual trade difference to $0 by 2024, one of the officials told Bloomberg.

Source: CNBC

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