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From: SirWalterRalegh1/15/2020 4:52:55 PM
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Glenn Petersen

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U.S.-China Deal at a Glance Here is what you need to know about the 90-page first phase of the trade deal.

Buying American: Beijing will ramp up purchases of U.S. goods and services by $200 billion over the next two years, using 2017 as a benchmark. This includes increased purchases of manufactured goods by $77.7 billion over the two-year period. The category of tech services, which includes charges for cloud computing-related services and the use of intellectual property, is projected to grow by $37.9 billion. Energy purchases will increase by $52.4 billion under the deal.
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