China offers 6-year import boost in trade talks with US: Sources [CNBC]
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Source: CNBC
China offers 6-year import boost in trade talks with US: Sources Getty Images President Xi Jingping. would increase its annual import of U.S. goods by a combined value of over $1 trillion, the officials told Bloomberg, which was first to report on the import boost offer. pegged its proposal to buy more U.S. goods through 2024 to President Donald Trump's hopes of being re-elected in 2020, the sources told CNBC. The U.S. had a trade deficit of $323 billion with in 2018. This deal would aim to reduce that annual trade difference to $0 by 2024, one of the officials told Bloomberg. Stocks rose The Trade Index is an equally weighted index of 25 companies created by CNBC, with research by CNBC market analysts.
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