Post by Deleted on May 23, 2018 13:55:26 GMT
Just found this on Kitco, if this pans out, corn and soy products could get a big boost, corn has move up about 25 cents, recently:
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Kitco News
BEIJING (Reuters) - Washington neared a deal to lift its ban on U.S. firms supplying Chinese telecoms gear maker ZTE Corp, sources said on Tuesday, and Beijing announced tariff cuts on car imports, further easing trade tensions between the world’s two largest economies.
The reprieve for ZTE, hit by a seven-year ban in April that had crippled its operations, could include China removing tariffs on imported U.S. agricultural products, as well as buying more American farm goods, two people briefed on the matter told Reuters.
The sources declined to be identified because the negotiations are confidential.
Representatives for the U.S. Treasury and Commerce departments did not immediately reply to a request for comment. White House representatives also did not immediately reply.
ZTE, based in the southern Chinese city of Shenzhen, did not immediately reply to requests for comment.
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