US Agri. Sec. Perdue: Chinese officials to visit US farmland as trade talks continue – Reuters

Anil Panchal FXStreet

The US Agriculture Secretary Sonny Perdue recently crossed the wires, via Reuters, giving details of plans of a delegation of 30 Chinese officials, led by Vice Finance Minister Liao Min, which is on its trade visit to the US.

The report mentions that the Chinese officials will visit American farm regions with the US officials next week in an effort to build goodwill amid ongoing trade negotiations.

Key quotes

“They want to see the production of agriculture. I think they want to build goodwill.”

FX implication

Although no major market reaction could be spotted after the news, such positive headlines could confront recently downbeat sentiment surrounding the US-China trade deal and may help the commodities and the Antipodeans.

Author

Anil Panchal

FXStreet

Anil Panchal has nearly 15 years of experience in tracking financial markets. With a keen interest in macroeconomics, Anil aptly tracks global news/updates and stays well-informed about the global financial moves and their implications.

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