The threat of the breakdown of the agreement with China has fallen off exchange in the US

President trump on Sunday said about increasing pressure on China to coerce to conclude a trade deal. In this regard, may 10 duties on Chinese goods worth 200 billion $ increased to 25% and introduced an additional 25% duty on goods worth 300 billion $.

China surprised the intentions of the President of the United States to increase duties on Chinese products from 10% to 25% and reports about the possible cancellation of the next round of talks, which will be held this week in Washington, because they do not want to hold a meeting under the pressure of threats and intimidation.

Recall on Friday, trump reported the progress in trade negotiations with China, a new phase which should pass this week in Washington.

Sunday on electronic markets soybean futures have fallen by 2%, corn – by 2.5%.

Traders had hoped that by the end of may will be signed a trade agreement and increase sales of agricultural products to China. New delay will reduce support trump on the part of the farmers who supported him in the election, because once again it will reduce their profits.

However, trump continues to raise the stakes in the negotiations, forcing China to sign a trade agreement for the United States.