Trump wants China to buy US soybeans. 🫛 🫘
Yahoo Finance·2025-10-20 18:36
Trade Negotiations & Demands - The US aims for China to purchase soybeans and cease fentanyl production [1] - The US also wants China to stop playing the rare earth game [1] - The US insists on China buying soybeans, especially after previous boycotts impacting US farmers [2] - The US is seeking a reciprocal trade relationship with China, moving away from a one-way dynamic [3] Tariffs & Trade Deal - China is currently paying a substantial tariff, approximately 157% [2] - The US is open to lowering tariffs if China meets certain demands [3] - A trade deal is contingent on China addressing US concerns, including soybean purchases [2]