Expanding from the Bloomberg headline
It is being reported that China may allow companies to resume purchases of US agricultural products in a show of goodwill ahead of upcoming trade talks between the two countries, according to people familiar with the situation.
Among the products being considered are possibly soybeans and pork, though purchases are yet to be made and the volumes are still undecided. For some context, China had halted US farm imports since August as negotiations hit a snag.
It all sounds good for risk today and in the run-up to the proposed trade talks in October. But as mentioned before, we've been down this road one too many times and the below headlines still convince me that any trade deal isn't imminent:
