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Expert: China-US Deal Valued at $30B
China and the United States are expected to reach an agreement worth approximately $30 billion, including reciprocal tariff reductions and understandings regarding Chinese product purchases in sectors such as energy, agriculture, and aviation. The goal of the agreement is to improve the bilateral trade balance by gradually increasing China's imports of American products, while Washington seeks to change the composition of trade in the long term. Additionally, China aims to strengthen its presence in global markets, especially as its economy shifts toward high-value industries like technology and artificial intelligence. These understandings are anticipated to contribute to the long-term enhancement of trade relations between the two countries.
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