China to purchase $50 bln in US farm merchandise below deal, Trump says

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China to purchase $50 bln in US farm merchandise below deal, Trump says

Adds Trump touch upon agriculture purchases


Adds Trump touch upon agriculture purchases

WASHINGTON, Dec 13 (Reuters)China will probably hit $50 billion in purchases of U.S. agricultural merchandise, U.S. President Donald Trump stated on Friday after earlier saying that he would roll again scheduled tariffs on Chinese language imports as Washington and Beijing finalized an preliminary commerce deal.

Trump, talking to reporters on the White Home, stated his administration would leverage the remaining U.S. tariffs on imported Chinese language items because it seeks to barter a part two commerce take care of Beijing.

He added that China wished to start out talks on the deal’s second part straight away, a timeline he stated he supported.

Washington and Beijing introduced the tariff rollback earlier on Friday, weeks after either side in October stated they’d reached an settlement on the “part one” commerce deal. L1N28N0NT

(Reporting by Jeff Mason, Writing by Susan Heavey, Modifying by Chris Reese and Chizu Nomiyama)



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