After Trump met with Chinese leader Xi Jinping in South Korea in October, the White House said Beijing had promised to buy at least 12 million metric tons of U.S. soybeans by the end of the calendar year, plus 25 million metric tons a year in each of the next three years. Officials have said China is on track to meet the 12 million metric ton goal by the end of February, but so far China has only purchased about 4.3 million metric tons of soybeans, according to the latest USDA figures. Beijing has yet to confirm any commitment to buying 12 million metric tons of soybeans for this season, but the Chinese embassy in Washington said earlier this month that “agricultural trade cooperation between China and the United States is proceeding in an orderly manner.”
Author: JOSH FUNK Associated Press, DIDI TANG Associated Press
Published at: 2025-12-31 21:02:35
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