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Trump scores win for American farmers as China commits to ‘massive’ soybean purchases

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China resumes buying soybeans from US farmers.

President Donald Trump announced that the United States has reached a deal with China to restart the purchase of soybeans after months of boycotts that hurt American farmers.

I was extremely honored by the fact that President Xi authorized China to begin the purchase of massive amounts of Soybeans, Sorghum, and other Farm products.’

China, the world’s largest soybean buyer, attempted to use the boycott as a powerful bargaining chip in trade negotiations. It resumed purchases ahead of Trump’s meeting with Chinese leader Xi Jinping, buying two cargoes of soybeans, Bloomberg reported.

Secretary of Agriculture Brooke Rollins called the recent purchase “a great start.”

“Today’s purchase by China of multiple ships of American soybeans signals [President Trump’s] strong dealmaking and a positive step forward for our farmers,” Rollins wrote. “This purchase, coming directly ahead of the Trump-Xi talks, shows that America means business and that we will restore balance, give U.S. producers the opportunities they’ve earned, and send a message that when America leads in agriculture, the world listens.”

Read Full Article Here…(theblaze.com)


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