[SeekAndFind]

Goldman Sachs points out in a recent note that any massive increase in Chinese purchases from the U.S. "would likely be hugely disruptive to global agriculture markets, primarily crowding out Argentine and Brazilian supplies that have taken substantial market share since 2017 due to the trade war and much weaker currencies."

To get a sense of just how improbable such a surge in Chinese imports from the U.S. is, here is a visual representation of what this "disruptive increase" in U.S. agriculture exports to China would look like...

SOURCE: ZERO HEDGE

[Alas Babylon!]

So, either Trump was wrong, or the Chinese are already negating a deal?