Foreign media reported last night (April 18th) that "US President Trump suddenly hinted that the tariff war between the US and China may come to an end, as he does not want the increase in tariffs to discourage consumption."
[Smart] Comment: It's likely that Trump didn't realize the result of the trade war, but secretly built up positions again. For Trump who goes back on his word and changes policies frequently, we still need to continue observing. It is worth noting that American redneck farmers seem to have become the biggest victims in this event. Currently, China has already purchased a large amount of agricultural products from Brazil and Argentina, and orders have also been placed in the futures market. Meanwhile, farmers in South America have made full preparations: seeds, fertilizers have been purchased, and even agricultural machinery has been upgraded and updated. Grain is a commodity with a shelf life and cannot be stockpiled indefinitely. Therefore, in the foreseeable future, it is highly probable that China will not purchase a large amount of American agricultural products in the short term. American farmers can only pin their hopes on next year or even the year after.
Original article: https://www.toutiao.com/article/1829786828366852/
Disclaimer: The article only represents the author's personal views.