China to buy $50 billion in U.S. farm products in return for tariff concessions-U.S. sources
December 12, 2019 at 19:08 PM EST
The White House has agreed to suspend some tariffs on Chinese goods and reduce others in return for Beijing's pledge to hike purchases of U.S. farm products in 2020, sources said on Thursday, taking a step towards de-escalating the trade war between the world's two biggest economies.