Today, Hong Kong based Ming Pao (a reputable newspaper) reports from the Canton Fair, which is an import/export fair and reported that:
Walmart has already notified Chinese suppliers to resume shipping goods that had been temporarily suspended due to the tariff warseveral exporters independently mentioned itall tariffs are paid by the buyer (Americans)A ceramics shipper said only seasonal products are being resumedIt's hard to shake the sense that many people were trading last week on inside information, or at least a strong belief that the White House will substantially ease tariffs. If that's the case, we could see some 'sell the fact' action if/when it's announced.
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