Trade truce? China preparing to buy U.S. commodities

|By:, SA News Editor

Chinese officials are preparing to restart imports of U.S. soybeans and liquefied natural gas, Bloomberg reports, in the first sign confirming claims by President Trump that Beijing had agreed to start buying some American products "immediately."

Chinese oil trader Unipec is also reportedly planning to resume U.S. crude shipments to China by March after the Trump-Xi deal reduced the risk of tariffs being imposed on these imports.

ETFs: FXI, KWEB, ASHR, YINN, CAF, EWH, CQQQ, YANG, MCHI, GXC, CYB, FXP, PGJ, CN, KBA, TAO, CHIQ, HAO-OLD, CHIX, TDF, QQQC, CNY, PEK, CHN, CWEB, CXSE, CHAU, XPP, CNXT, ASHS, AFTY, CHAD, FCA, YAO, YXI, FXCH, ECNS, CHIM, CHII, CHIE, KFYP, EWHS, FCHI, OBOR, ASHX, CNYA, FHK, HAHA, XINA, CNHX, KGRN, FLCH, FLHK, WCHN

Subscribe for full text news in your inbox