Reported 25 days ago
Since 2018, China has been strategically reducing its dependence on US farm imports, enhancing its position to withstand potential trade wars with the US. As the prospect of increased tariffs looms following the US presidential election, China has diversified its agricultural import sources, now mainly relying on Brazil and Argentina for soybeans and corn. This shift aims to bolster food security amidst growing tensions, with China's soybean imports from the US decreasing significantly, showcasing a deliberate plan to lessen reliance on American agriculture.
Source: YAHOO