The G20 Trade War Truce

07/12/2018 14 min
The G20 Trade War Truce

Listen "The G20 Trade War Truce"

Episode Synopsis

During the G20 meeting in Argentina, US President Donald Trump agreed to freeze tariff increases on China for a period of 90 days to allow trade negotiators to proceed in good faith. During that hiatus, Premier Xi agreed to resume importing substantial quantities of US food & agriculture products into China that were largely frozen by both tariff & non-tariff measures. Rabobank's F&A China industry analyst Lief Chiang joins ACMR G&O analyst Michael Magdovitz to discuss the potential demand pickup from China, strategic aspects of the deal and the near-to-medium impact on soybean prices.   Please read our disclaimer here: https://www.rabobank.com/knowledge/disclaimer/011417272/disclaimer