China has offered to boost its U.S. imports over a six-year stretch as part of ongoing talks between the two global powers, according to a Friday CNBC report. China reportedly said it would increase its annual import of U.S. goods by a combined value of over $1 trillion to try to reduced and even eliminate annual trade deficits by 2024. If true, this news could spark a massive surge in the broader market as it might signal that the trade war between the U.S. and China could be coming to an end.
