rump Lowers Tariffs On China After Meeting With Xi
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The White House says China will buy 12 MMT of U.S. soybeans in late 2025 and 25 MMT annually through 2028, plus resume U.S. sorghum and hardwood log imports, clearing confusion over comments from Secretary Bessent.
After months of negotiations with the Chinese, President Trump has announced a Deal on Economic and Trade Relations with China which includes: Agreements on the flow of the precursors used to make fentanyl;
President Trump said Thursday that China has agreed to purchase soybeans and other agricultural products from the U.S., a major breakthrough after many American farmers had faced hardship amid a
Foreign intelligence agencies have stepped up efforts to infiltrate China's agricultural sector, illegally obtaining the genetic data of key crops such as soybeans, corn and rice, which poses a serious threat to the country's food security, according to several cases disclosed by the Ministry of State Security on Monday.
Chinese soybean importers have stepped up purchases of Brazilian cargoes in recent days as South American prices eased on expectations a U.S.-China trade deal will lead to a resumption of U.S. sales to the world's largest soybean importer.
China's agricultural soils have become increasingly acidic over the last few decades, threatening crop productivity and ecosystem health. This acidification has been driven by the extensive use of chemical nitrogen fertilizers needed to feed the population,
Agricultural Economist Grant Gardner said if China does by 25 million metric tons per year, that will be about what they bought before the trade war.