China agrees to boost trade for U.S. agricultural products
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Morning Overview on MSN
China just penciled in an initial purchase of 200 Boeing 737 MAX jets inside a $17 billion-a-year trade deal — with up to 500 more on the table
For the first time in years, Boeing has a massive new order from China. Beijing has committed to an initial purchase of 200 Boeing 737 MAX narrowbody jets, the centerpiece of a sweeping trade package that also locks China into buying at least $17 billion per year in American agricultural products through 2028.
By David Lawder PARIS, May 19 (Reuters) - The Trump administration is "not in a rush" to extend a tariff and critical minerals trade truce with China that ends in November, as there is time to renew it in meetings later this year,
President Donald Trump's trade war with Beijing has sent U.S.-China trade into a freefall and forced companies on both sides of the Pacific to regroup.
US-China trade issues remain unresolved after Trump's visit, with minor agreements and a truce extension on tariffs and rare earths discussed.
The European Commission is considering a range of tools to shield the bloc from cheap Chinese imports, including reducing its dependence on Chinese components and imposing tariffs on strategic sectors.
Statista on MSN
US trade deficit with China shrinks significantly
This chart shows U.S. trade volume and balance with China.
As President Trump and China’s leader, Xi Jinping, meet, the United States said China has promised to expand its purchases of farm goods and airplanes.
President Trump met with Chinese President Xi Jinping for high-stakes trade talks as Supreme Court tariff setbacks cast a shadow over discussions.