AP Photo/Pablo Martinez Monsivais
US stocks are set to rally after people briefed on the matter told the Financial Times that China is offering to import more agricultural goods from the US.
The paper said that officials were offering to import an extra 10 million tonnes of soybeans as well as other goods.
Chinese officials are set to meet their US counterparts on Thursday, in the hope of a partial trade deal being reached.
Tensions have flared this week, after Mike Pompeo criticized China over its treatment of Uighur Muslims on Twitter, while the NBA has also been in hot water after the Houston Rockets boss tweeted his support for protesters in Hong Kong.
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US stocks are set to bounce after Chinese officials said the country would offer to up its purchases of US agricultural goods, according to The Financial Times, citing unnamed sources who were briefed on the matter.
Chinese officials travel to Washington, to meet their US counterparts on Thursday in the hope of signing a partial trade deal with the United States after months of tariff hikes between the two superpowers. See the rest of the story at Business Insider
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