10/14, 12:01 AM (Source: TeleTrader)
more TeleTrader news

China already ordering US food products: Trump

Customers from the most populous nation have begun fulfilling the quotas agreed at bilateral negotiations in Washington this week, United States President Donald Trump said on Sunday. In a Twitter post from his personal account, he seemingly claimed other terms from what he has called a deal "in principle" are being met even before the arrangement is formally adopted.

"My deal with China is that they will IMMEDIATELY start buying very large quantities of our Agricultural Product, not wait until the deal is signed over the next 3 or 4 weeks. THEY HAVE ALREADY STARTED! Likewise financial services and other deal aspects, start preparing," he wrote. The president noted he has suspended the rise in import tariffs on a large batch of merchandise from the world's second-largest economy.

"The relationship with China is very good. We will finish out the large Phase One part of the deal, then head directly into Phase Two. The Phase One Deal can be finalized & signed soon!" he added.

Breaking the News / IT