China Has Bought More Than Half the Soybeans It Promised From US

China has purchased over 7 million tons of U.S. soybeans in the last two weeks, surpassing the halfway point of its 12-million ton purchase agreement with the Trump administration. This heavy buying activity comes after the two countries reached a trade truce in December 2018. The purchases are part of China's efforts to fulfill its commitment to increase agricultural imports from the U.S. as a measure to resolve the ongoing trade dispute between the two economic giants. The soybean purchases are seen as a positive step in the ongoing trade negotiations, as both countries work to find a resolution to the trade tensions that have been impacting global markets.
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