China to Ramp Up US Car, Aircraft, Energy Purchases in Trade Deal: Source

Containers are seen at the Yangshan Deep Water Port, part of the Shanghai Free Trade Zone, in Shanghai, China on Feb. 13, 2017. Aly Song/Reuters

WASHINGTON—China has pledged to buy almost $80 billion of additional manufactured goods from the United States over the next two years as part of a trade war truce, according to a source.

Under the terms of the trade deal to be signed on Jan. 15 in Washington, China would also buy over $50 billion more in energy supplies, and boost purchases of U.S. services by about $35 billion over the same two-year period, the source told Reuters on Monday.