Washington: President Donald Trump on Saturday touted his partial, unsigned trade deal with China as a major achievement and the best deal US farmers have ever secured.
“WOW, the Farmers really hit pay dirt,” Trump tweeted.
Initial agreement Friday’s initial agreement, which marks a halt in the 18-month trade war, calls for a huge increase in China’s purchases of US farm products.
It also covers intellectual property, financial services and currencies.
Trump said Friday evening the deal calls for China to increase its imports of US farms goods to $40-50 billion a year — more than double the level of 2017.
The US will also hold off on a massive tariff increase planned for next week.
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