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To Appease Trump, China Offers To Buy $70BN In Farm And Energy Goods
The Wall Street Journal gave the market some good news amid rising concerns about Italy and trade wars, when it reported that in an attempt to appease Trump, over the weekend Beijing had offered to buy US farm and energy products in a trade package worth an estimated $70 billion. The team of Chinese envoys - led by Vice Premier Liu He, President Xi Jinping's top economic official - offered a US team headed by Commerce Secretary Wilbur Ross a package that involved Chinese companies buying more US soybeans, corn, natural gas, crude oil and coal among other agricultural and energy products. Stocks briefly rallied on the ... (full story)
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Markets change every second, every minute, every hour and etc. If the facts