US EditionTrump pushes China to quadruple soybean orders ahead of truce tariff expiration
- On August 11, 2025, President Donald Trump expressed his hope that China would increase its soybean purchases from the United States by four times to help alleviate its supply shortage.
- This call follows ongoing trade tensions and a tariff truce set to expire on August 12, with China having imposed tariffs on U.S. agricultural imports in March 2025.
- China, the largest global soybean importer, currently buys mostly from Brazil and fell short of meeting U.S. purchase targets under the 2020 Phase One trade deal.
- Chicago soybean prices rose over 2% on August 11, while trading data shows short positions in soybean futures have expanded amid speculation and supply pressures.
- If China increases soybean imports significantly, it could reduce the trade deficit with the U.S., but experts consider quadrupling purchases highly unlikely.
30 Articles
30 Articles
Trump Wants China to Quadruple US Soybean Orders
President Donald Trump has said he hopes that China will dramatically increase its purchases of U.S. soybeans. “China is worried about its shortage of soybeans,” the president wrote on Truth Social late on Aug. 10. “Our great farmers produce the most robust soybeans. “I hope China will quickly quadruple its soybean orders. This is also a way of substantially reducing China’s Trade Deficit with the USA. Rapid service will be provided.” Trump also…
China and the United States are soon to hold further tariff negotiations. In the run-up to the likely resumption of negotiations, US President Donald Trump took the opportunity to urge China to significantly increase its purchases of US soybeans, while the Asian giant is already the world's leading buyer of soybeans.
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