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China to buy $50 billion in U.S. farm goods for tariff relief: U.S. sources

China to buy $50 billion in U.S. farm goods for tariff relief: U.S. sources

Washington has agreed to suspend some tariffs on Chinese goods and cut others in return for Beijing's pledge to hike U.S. farm product purchase in 2020, sources said on Thursday, taking a step to de-escalating the bitter trade war.