China committed to a minimum of $200 billion in increased purchases over the next two years from US manufacturers, farmers, energy producers and providers of services over the next two years, according to Lighthizer.
US exports to
China will double in the next year, and nearly triple the year after if the agreement is in place.
In 2017, before the US-China trade war was unleashed, the
United States exported some $120 billion in goods to the Asian giant.