China press reports that "More US farm product imports to benefit China"

'People's Daily (official party newspaper) with positive noises on trade with the US

And, if the US products mean better and cheaper food for Chinese people then yes. Its a key benefit of trade. Try explaining that to the anti trade morons though and its like talking to a brick wall. Slap tariffs on auto imports into the US, get everyone back driving Pintos, right? Pretty Fly ….

Anyway … the point of this for financial markets is its a positive for risk after the anti trade tweets and such we've had in the past few days. Tensions ain't over though - but pays to keep track of sentiment.

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