China Offers To Buy More Than $1 Trillion In Additional American Goods

President Donald J. Trump, Facebook

President Donald Trump continues to make progress in his deal-making with the Chinese government, compelling China’s latest offer: to purchase more than $1 trillion in additional American goods over a six-year period.

The stock market surged, with the Dow Jones, the New York Stock Exchange, and NASDAQ all up as of press time.

The White House hopes to end the massive trade deficit with China by the year 2024.

Talks between the two countries picked up again last week, with Trump pressing China to correct the decades-long trade disparity between the two powers and invest in America’s manufacturing and export capability.