Monday, December 15, 2025 | 06:19 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

US, China makes offers to revive ZTE, buy more US goods

China offers to buy $25 bn more of US goods; US said to be finalising deal to help revive China's ZTE

China and US
premium

China and US

Bloomberg
The US and China continued to haggle over the shape of a deal to fend off an impending trade war, with China offering to boost purchases of American goods and the US finalising a deal to allow China’s ZTE to resume purchases from American suppliers.
 
Ahead of a mid-June deadline for imposing tariffs on Chinese imports, China has offered to boost purchases of US goods by about $25 billion this year, according to two people familiar with the matter, who spoke on condition of anonymity because the negotiations aren’t public.
 
Crude oil, coal and farm products are among