China could as much as triple its purchases of American farm goods as part of a trade deal between the nations, U.S. Agriculture Secretary Sonny Perdue said.
When compared with the nation’s buying in 2017, “we could easily see, if we are able to come to a trade resolution, a doubling or tripling of that kind of number over a period of” two to five years, he said Monday in an interview on Bloomberg Television with Shery Ahn.
That would dovetail with a proposal by Beijing to buy an additional $30 billion a year of American agricultural products. China’s U.S. agricultural imports were about $20 billion a year, before the trade war, Gregg Doud, the chief agricultural negotiator for the Office of the U.S. Trade Representative, said earlier Monday.