The target for manufactured goods purchases will be the largest, worth around US$75 billion. China will also promise to buy US$50 billion worth of energy, US$40 billion in agriculture and US$35 billion to US$40 billion in services, the three people said. Photo: Bloomberg

Trade war: China to make huge purchases of US goods as details of phase one deal revealed

  • Sources confirm that China has committed to making large scale purchases of US$200 billion of American goods as part of the phase one trade deal
  • Purchase target for manufactured goods of around US$75 billion, with China also committing to buy huge amounts of energy, agriculture and services
Topic |   US-China trade war

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The target for manufactured goods purchases will be the largest, worth around US$75 billion. China will also promise to buy US$50 billion worth of energy, US$40 billion in agriculture and US$35 billion to US$40 billion in services, the three people said. Photo: Bloomberg
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Finbarr Bermingham

Finbarr Bermingham

Finbarr Bermingham has been reporting on Asian trade since 2014. Prior to this, he covered global trade and economics in London. He joined the Post in 2018, before which he was Asia Editor at Global Trade Review and Trade Correspondent for the International Business Times.

Ben White

Ben White

Ben White is POLITICO Pro's chief economic correspondent

Doug Palmer

Doug Palmer

Doug Palmer is a reporter for POLITICO.