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US should take responsibility for China stopping US agricultural imports - Xinhua

The Chinese state news agency, Xinhua, reported earlier today that the US should take responsibility for China stopping US agricultural imports.

This comes after the Chinese state buyers were asked to halt US agriculture imports on Monday.

On the US-China trade escalation, the Chinese Yuan continues to remain on the offers against its American counterpart, with USD/CNY pulling back from record highs after the PBOC issues bills in Hong Kong to stabilize the Yuan.

China to sell Yuan bills in Hong Kong on Aug. 14, CNH recovers

The People's Bank of China (PBOC) will sell ¥30 billion of offshore Yuan-denominated bills in Hong Kong on Aug. 14, the central bank said earlier toda
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WTI bounces off 8-month old support-line despite trade pessimism, geopolitical tension

Even if the US-China trade tussle weighing over the future energy demand, WTI recovers to $55.10 during early Tuesday.
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