China agreed to buy gas and oil from USA


Photo: Andrew Cullen / Reuters

The US and China continue to attempt to resolve the trade dispute. According to Bloomberg, China will significantly increase purchases of American goods, including oil and gas, in order to avoid the introduction of additional duties.

As reported in the office of the U.S. trade representative Robert Lighthizer, it is, in particular, agricultural products, energy and industrial goods.

The decision was taken after three days of talks in Beijing. According to the source, the talks were extensive and laid the Foundation for conflict resolution.

Sources familiar with the meeting told Bloomberg that significant progress has been achieved in terms of procurement of China’s agricultural products and hydrocarbons, in this case the parties have different structural issues.

The next round of negotiations at the level of Deputy heads of the trade ministries of the two countries started on January 7 in Beijing. The US President Donald trump said that the negotiations are “very good”, but specific arrangements have not yet been reported.

According to Bloomberg, trump is ready to conclude an agreement with China and to conclude a trade war because it is required for the recovery of the us stock market started the year poorly.

Video, photo All from Russia.


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