China has agreed to buy $32 billion of additional U.S. farm products over two years as part of a phase one trade pact, U.S. Trade Representative Robert Lighthizer told reporters on Friday, adding the deal would be signed the first week of January. As part of the agreement, Beijing agreed to buy roughly $16 billion more in American agricultural products in each of those years, adding to the 2017 baseline of $24 billion, Lighthizer added, but Beijing agreed to strive for some $5 billion in additional purchases each year. That would add up to the $40 billion to $50 billion in added Chinese agriculture […]