Saturday, May 19, 2018

Matthew Wagner-China will 'significantly increase' purchases of US goods and services

http://money.cnn.com/2018/05/19/news/china-united-states-trade-announcement/index.html


     This article from CNN brings promising news of trade cooperation between Chine and the US. This is the result of a meeting between leadership of both countries. One large point from the meeting is China promised to buy more US made goods to meet increasing demand in China. This was one of Trump’s main demands when he began talks of the trade imbalance between China and the US. This deal will hopefully increase economic stability between the US and China as well as low military tensions between the States in areas such as the South China Sea. The details of the plan such as how much China plans to increase the amount of US goods it purchases but the news is promising.


                          -Matthew Wagner

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