Home US ambassador: Trump wants more farm exports to China
FXStreet News

US ambassador: Trump wants more farm exports to China

Terry Branstad, the US ambassador to China, stated that US President Trump wants to see a big increase in US farm exports to China.

The statement comes at a key moment, with China’s Vice-Premier in the US for Tuesday to continue US-China trade talks. The clod-fisted statement is likely a hope for reciprocal behaviour following Trump’s surprise waiving of Commerce Department sanctions on Chinese telecoms company ZTE, which was barred from US markets for seven years, and effectively forced into bankruptcy after the US Commerce Department discovered the company was illegally selling US technology to Iran.

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.