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Day ahead – July 13, 2018: House farm bill action next week, Mnuchin on US-China trade tensions, Chinese trade data

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The House is expected to vote on a motion to proceed to conference on the farm bill next week, according to House Agriculture Committee Chairman Mike Conaway (R-Texas). Meanwhile, Treasury Secretary Steve Mnuchin told lawmakers he does not think the US is in a trade war with China yet, and China's trade surplus with the US reached a new record high in June.

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