NOTHING NEW ABOUT the Latest US-China Partial Trade Deal: China says they’re going to buy some more soybeans and US says they might delay tariffs.

THE SAME THING FOR THE LAST 2 YEARS.

Update (1330ET): Bloomberg reports confirm US and China have reached a partial agreement that would broker a truce in the trade war and lay the groundwork for a broader deal that President Trump and Xi Jinping could sign later this year, according to people familiar with the matter.

As part of the agreement, China would agree to some agricultural concessions and the U.S. would provide some tariff relief.

The pact is tentative and subject to change as Trump prepares to sit down with China’s Vice Premier Liu He later Friday.

The algos bought first…

Then thought about it (it’s a nothingburger)

 

www.zerohedge.com/markets/stocks-suddenly-plunge-china-unreliable-entities-headline

 

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