This past Monday, on the #RealInvestmentShow, I discussed that it was exceedingly likely that Trump would delay, or remove, the tariffs which were slated to go into effect this Sunday. On Thursday, that is exactly what happened.
Not only did the tariffs get delayed, but on Friday, it was reported that China and the U.S. reached "Phase One" of the trade deal, which included "some" tariff relief and agricultural purchases. To wit:
"The U.S. plans to scrap tariffs on Chinese goods in phases, a priority for Beijing, Vice Commerce Minister Wang Shouwen said. However, Wang