AIRLINK 75.25 Decreased By ▼ -0.18 (-0.24%)
BOP 5.11 Increased By ▲ 0.04 (0.79%)
CNERGY 4.60 Decreased By ▼ -0.15 (-3.16%)
DFML 32.53 Increased By ▲ 2.43 (8.07%)
DGKC 90.35 Decreased By ▼ -0.13 (-0.14%)
FCCL 22.98 Increased By ▲ 0.08 (0.35%)
FFBL 33.57 Increased By ▲ 0.62 (1.88%)
FFL 10.04 Decreased By ▼ -0.01 (-0.1%)
GGL 11.05 Decreased By ▼ -0.29 (-2.56%)
HBL 114.90 Increased By ▲ 1.41 (1.24%)
HUBC 137.34 Increased By ▲ 0.83 (0.61%)
HUMNL 9.53 Decreased By ▼ -0.37 (-3.74%)
KEL 4.66 No Change ▼ 0.00 (0%)
KOSM 4.70 Increased By ▲ 0.01 (0.21%)
MLCF 40.54 Decreased By ▼ -0.56 (-1.36%)
OGDC 139.75 Increased By ▲ 4.95 (3.67%)
PAEL 27.65 Increased By ▲ 0.04 (0.14%)
PIAA 24.40 Decreased By ▼ -1.07 (-4.2%)
PIBTL 6.92 No Change ▼ 0.00 (0%)
PPL 125.30 Increased By ▲ 0.85 (0.68%)
PRL 27.55 Increased By ▲ 0.15 (0.55%)
PTC 14.15 Decreased By ▼ -0.35 (-2.41%)
SEARL 61.85 Increased By ▲ 1.65 (2.74%)
SNGP 72.98 Increased By ▲ 2.43 (3.44%)
SSGC 10.59 Increased By ▲ 0.03 (0.28%)
TELE 8.78 Decreased By ▼ -0.11 (-1.24%)
TPLP 11.73 Decreased By ▼ -0.05 (-0.42%)
TRG 66.60 Decreased By ▼ -1.06 (-1.57%)
UNITY 25.15 Decreased By ▼ -0.02 (-0.08%)
WTL 1.44 Decreased By ▼ -0.04 (-2.7%)
BR100 7,806 Increased By 81.8 (1.06%)
BR30 25,828 Increased By 227.1 (0.89%)
KSE100 74,531 Increased By 732.1 (0.99%)
KSE30 23,954 Increased By 330.7 (1.4%)
World

China has begun buying ‘very large quantities’ of agricultural products from US: Trump

"China has already begun agricultural purchases from our great patriot farmers and ranchers," he tweeted. Trum
Published October 14, 2019
  • "China has already begun agricultural purchases from our great patriot farmers and ranchers," he tweeted.
  • Trump said he agreed not to increase Tariffs from 25% to 30% in the deal with China.

United States President Donald Trump has said that as per their deal, China has already begun purchasing agricultural products from them.

In a series of tweets, the US president said that as part of last week's tariff deal with Beijing, the country has already begun purchasing and not waited for a deal, which will be signed over the next three or four weeks.

“My deal with China is that they will IMMEDIATELY start buying very large quantities of our agricultural product, not wait until the deal is signed over the next 3 or 4 weeks. THEY HAVE ALREADY STARTED!” Trump tweeted.

The president added that the relationship with China is 'very good'. He continued that he agreed not to increase tariffs from 25% to 30% on October 15th., adding that they will remain at 25%.

"We will finish out the large Phase One part of the deal, then head directly into Phase Two. The Phase One Deal can be finalized & signed soon!" Trump added.

Last week, Trump said that the US and China had reached a substantial phase one deal on trade that will eliminate a tariff hike that had been planned for next week. “We've come to a deal pretty much, subject to getting it written. This is something that is going to be great for China and great for the USA,” CNBC quoted him.

Comments

Comments are closed.