China Commits to Buying More U.S. Soybeans

China Commits to Buying More U.S. Soybeans

China committed to buy an additional 10 million metric tons of U.S. soybeans in a meeting in the Oval Office on Friday, U.S. Agriculture Secretary Sonny Perdue said on Twitter and reported by Tom Polansek and Karl Plume on Reuters.com.

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The commitments are a “show of good faith by the Chinese” and “indications of more good news to come,” Perdue wrote.

U.S. President Donald Trump met Chinese Vice Premier Liu He in the Oval Office on Friday and suggested it was likely the globe’s two largest economies would be able to make a deal to resolve their trade war.

Read more at Reuters.com.

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