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https://www.foxbusiness.com/politics/trump-secures-china-agreement-buy-millions-tons-us-soybeans-bessent-says-after-xi-meetinghttps://nypost.com/2025/10/30/business/scott-bessent-hails-us-china-soybeans-truce-but-it-could-be-too-late-for-this-years-crop/https://apnews.com/article/bessent-china-trump-soybeans-8e318b06345d4392804c5c93a96e81b5
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Highlights
  • China agrees to remove all retaliatory tariffs on American ag products, paving the way for broader U.S. crop sales and beef exports.
  • China will start by purchasing 12 million metric tons of soybeans from the U.S. between now and January, anchoring trade in the near term.
  • Farmers caution the deal is not a cure-all and should not be seen as solving price and input-cost pressures in the near term.

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References

Trump secures China agreement to buy millions of tons of US soybeans, Bessent says after Xi meeting

https://www.foxbusiness.com/politics/trump-secures-china-agreement-buy-millions-tons-us-soybeans-bessent-says-after-xi-meetingFoxbusiness.com
Trump secures China agreement to buy millions of tons of US soybeans, Bessent says after Xi meeting

Treasury secretary hails US-China soybeans truce — but analysts share warning about this year's crop

https://nypost.com/2025/10/30/business/scott-bessent-hails-us-china-soybeans-truce-but-it-could-be-too-late-for-this-years-crop/Nypost.com
Treasury secretary hails US-China soybeans truce — but analysts share warning about this year's crop

China agrees to purchase 25 million metric tons of US soybeans annually, treasury secretary says

https://apnews.com/article/bessent-china-trump-soybeans-8e318b06345d4392804c5c93a96e81b5Apnews.com
China agrees to purchase 25 million metric tons of US soybeans annually, treasury secretary says

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