Contracts rise: significant progress in US-China trade talks

The US Treasury Secretary announced the removal of tariffs and soybean purchases, as well as a final deal for the sale of TikTok.

By the SpyStocks desk · 10mo ago · 1 min read

❤️😀🥲😗😍🐈‍⬛

Good morning friends 👍

Contracts opened with nice gains overnight following news of understandings reached towards an agreement between China and the United States 🇨🇳

Overnight, US Treasury Secretary Scott Bensent said that after two days of trade talks in Malaysia, the 100% tariff on China "is effectively off the table." 🔥

In addition, China is expected to soon purchase large quantities of American soybeans, and the two countries have finalized a deal regarding the sale of TikTok. ✔️

These are significant news, and as we already analyzed in our week's opening post, any positive news and information from these talks could powerfully move the market. 🎢

It is very important to follow developments, as any unexpected event or change could easily move the market in the other direction 📉

A reminder: Trump is Trump, prepare yourselves for the unexpected 🇺🇸

Have a good and successful week ❤️‍🔥

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