The US President Donald Trump on Sunday welcomed a “cash” payout to American farmers before the Thanksgiving Day holiday that he attributed to China tariffs, but that money actually is part of a U.S. government aid package, as said by the Reuters. The news relies on the US President’s latest tweets while also citing the latest trade talks between the United States (US) and Chinese diplomats conducted on Friday. Key quotes “Our great Farmers will recieve (sic) another major round of ‘cash,’ compliments of China Tariffs, prior to Thanksgiving.” “The smaller farms and farmers will be big beneficiaries. In the meantime, and as you may have noticed, China is starting to buy big again. Japan deal DONE. Enjoy!” “The payments are the second part of a three-tranche $16 billion aid package announced in May to compensate farmers for the U.S.-China trade war.” FX implications This adds to the market’s recent trade positive sentiment which relies mainly on the US-China story. As a result, Antipodeans will have a good time while the safe-havens might have to witness further weakness. 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. View All Post By FX Street FXStreet News share Read Next China and US had constructive discussions about phase one deal – Xinhua FX Street 3 years The US President Donald Trump on Sunday welcomed a "cash" payout to American farmers before the Thanksgiving Day holiday that he attributed to China tariffs, but that money actually is part of a U.S. government aid package, as said by the Reuters. The news relies on the US President's latest tweets while also citing the latest trade talks between the United States (US) and Chinese diplomats conducted on Friday. Key quotes "Our great Farmers will recieve (sic) another major round of 'cash,' compliments of China Tariffs, prior to Thanksgiving." "The smaller farms and farmers will be big beneficiaries. In the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
