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US commodity exports to China to rise amid trade talks, but volumes are capped

Updated : May 21, 2018 04:27 PM IST

Morgan Stanley estimates it could take up to three years to increase Chinese purchases of US goods by $60 billion to $90 billion, with a rise in agricultural imports in the near term followed by energy
Total US oil and gas exports to China in 2017 were worth $4.3 billion, based on average prices, a far cry from a deficit reduction target of $200 billion.
Soybeans were the United States' second-largest export to China by value, worth $12 billion last year.
US commodity exports to China to rise amid trade talks, but volumes are capped
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