US-China soybean trade to resume: Beijing agrees to buy 25 mn tonnes for next 3 years; more nations will buy American soy, says Bessent
Soybean trade between the US and China is set to resume after months of halted purchases. Beijing had refused to purchase American soybean after the two nations got embroiled in tariff tensions.Now, China has agreed to buy 12 million metric tonnes from the United States in the ongoing season till January. However, this is still…
