Chinese buyers bought 387,000 tons of U.S. soybeans last week, despite the Trump administration's plans to impose further punitive tariffs on China. The USDA announced yesterday. Donald Trump blames China for the corona pandemic.
China has started to meet its purchase commitments from the first part of a trade agreement signed in mid-January in recent weeks.
In the week ending April 23, China bought 618,099 tons of US soybeans. In the past few days, however, the relationship between the two superpowers has deteriorated again due to the allegations against China. Donald Trump wants to disrupt global trade links with China.
Source
Hansa Terminhandel GmbH
