Investors are waking up to some huge news from China: A trade deal is coming. China’s Vice Minister of Commerce just announced that US and China reached a "consensus" on key trade issues. This INCLUDES export controls, tariff suspensions, fentanyl-related measures, anti-drug cooperation, trade expansion, and US Section 301 fees. On top of this, US Treasury Secretary Bessent says China is "ready" to make a trade deal with the US after 2 days of negotiations. Bessent has added that China wants to make "substantial" US soybean purchases. All while President Trump says he is hoping for a "complete deal" with China this week. As we said on October 10th, President Trump's 100% tariff on China is very likely to NOT go into effect. We believe a trade deal is imminent.