China Avoids US Soybean Purchases, Marking a Shift in Trade Tactics

Reported about 3 hours ago

For the first time since the 1990s, China has not imported any US soybeans at the beginning of the export season, indicating a strategic maneuver in its trade relations with the United States. This approach mirrors tactics used during the previous trade war under President Trump, as China secures adequate stockpiles from alternative sources like Brazil while taking a cautious stance on US supplies amid ongoing tariff uncertainties and geopolitical risks.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis