The US Department of Agriculture (USDA) reported this week that Chinese importers purchased more soybeans from the United States and recorded their largest daily buy of US corn in almost a month. The acquisitions took place as both Washington and Beijing reaffirmed their commitment to the Phase 1 of the bilateral trade agreement.
The UK risks crashing out of 40 trade agreements spanning five continents in the event of a no-deal Brexit, a business organization has warned. The Confederation of British Industry, CBI, said there were hugely damaging implications for the UK if it had to leave trade deals it has through its membership of the European Union.