Wed. Jul 15th, 2020

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China concerned about US’ hard targets of agricultural purchases – CNBC

1 min read

China has concerns regarding hard targets the US Is pushing for in terms of agricultural purchases,” CNBC’s Eunice Yoon reported on Friday citing a source familiar with China’s stance.

The initial market reaction to this development caused the 10-year US Treasury bond yield, which was last down 0.9% on the day, to extend its slide. Furthermore, the S&P 500 futures erased a large portion of earlier gains and were still up 0.2% ahead of Wall Street’s opening bell.

“China has committed to buying $40 billion in agricultural products. President Donald Trump, however, wanted a number closer to $50 billion,” the CNBC’s article further read.

2 thoughts on “China concerned about US’ hard targets of agricultural purchases – CNBC

  1. Long time supporter, and thought I’d drop a comment.

    Your wordpress site is very sleek – hope you don’t mind
    me asking what theme you’re using? (and don’t mind if I steal it?
    :P)

    I just launched my site –also built in wordpress like
    yours– but the theme slows (!) the site down quite a
    bit.

    In case you have a minute, you can find it by searching for “royal cbd” on Google (would appreciate any feedback) – it’s
    still in the works.

    Keep up the good work– and hope you all take care of yourself during the coronavirus scare!

  2. I don’t typically comment on posts, but as a long time reader I
    thought I’d drop in and wish you all the best during these troubling times.

    From all of us at Royal CBD, I hope you stay well with the
    COVID19 pandemic progressing at an alarming rate.

    Justin Hamilton
    Royal CBD

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