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03.11.25 - 12:01
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China to Scrap Tariffs on U.S. Farm Goods, Buy More Soybeans (Caixin)
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The U.S. said China has agreed to suspend retaliatory tariffs on a swath of American agricultural products and commit to massive purchases of U.S. soybeans, in a deal that marks a major de-escalation of a trade conflict that flared up earlier this year.... Read more...
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31.10.25 - 13:45
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China Boosts U.S. Soybean Purchases Following Trump-Xi Trade Talks (ZeroHedge)
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China Boosts U.S. Soybean Purchases Following Trump-Xi Trade Talks
Following President Donald Trump's postive meeting with Chinese President Xi Jinping on the sidelines of the Asia-Pacific Economic Cooperation summit, which cooled simmering trade tensions, produced key concessions, and set both economic superpowers on a path toward a potential deal as early as next week, and U.S. Treasury Secretary Scott Bessent's briefing on Fox Business about China's commitment to purchase American soybeans and other agricultural products, new indications suggest that Beijing has begun ramping up its soybean purchases.
Bloomberg reports early Friday that Beijing has purchased at least four additional U.S. soybean cargoes - or about 250,000 tons of the bean - for delivery later this year and early 2026. This purchase was immediately made after the Trump-Xi summit on Thursday.
Everyone is throwing out how many million tonnes of Soybeans China is gonna buy without giving a frame of reference ??
25 mil...
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