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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.

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