U.S.-China trade statement promises big changes but offers few details
After extensive trade negotiations, Washington and Beijing said in a joint statement Saturday China will buy more American exports.
"To meet the growing consumption needs of the Chinese people and the need for high-quality economic development, China will significantly increase purchases of United States goods and services," the statement said. "This will help support growth and employment in the United States. Both sides agreed on meaningful increases in United States agriculture and energy exports."
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