Trade Bust? Stocks Sink As China Won’t Increase Grain Import Quotas Despite Promise To Buy More

https://www.youtube.com/watch?v=iku4Dp9IA_U

China has pledged to increase more purchases of U.S. farm goods but never confirmed the exact amount for the phase one trade agreement.

Han Jun, the vice-minister of agriculture and rural affairs, was quoted by Caixin on Tuesday as saying Beijing won’t increase its annual import quotas for wheat, corn, and rice, reported Reuters.

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