In a surprising move, President Trump announced a $12 billion aid package for farmers, funded by tariff revenues. This relief comes as U.S.-China trade relations improve, with China increasing soybean purchases. Farmers are set to receive payments soon, but some view this as a bailout amidst ongoing challenges.
In a significant move for US-China diplomacy, President Trump has accepted an invitation from Xi Jinping to visit Beijing in April. The leaders discussed key issues including trade tensions and the situation in Ukraine during a recent call.
In a significant meeting, Trump and Xi agreed to roll back tariffs and boost agricultural exports. Discover the surprising outcomes and future implications for U.S.-China relations!
As President Trump meets with China's Xi Jinping at APEC, he expresses confidence in striking a significant trade deal amidst ongoing tensions. Will tariffs be lowered in exchange for cooperation on fentanyl?
In a significant breakthrough, US and Chinese officials have agreed on a framework to prevent a 157% tariff on Chinese goods, setting the stage for a vital meeting between Trump and Xi Jinping this week.
In a recent interview, Bessent reveals that Trump's threatened 100% tariff may no longer be a concern, as negotiations with China continue. Insights on soybean exports and market dynamics provide hope for farmers facing economic challenges.
In a bid to ease tensions, the US and China have outlined a potential trade deal involving TikTok's US operations and a significant resumption of soybean purchases. With Trump and Xi set to talk, could this be a turning point in the trade war?
North Dakota soybean farmers are in turmoil as China ceases purchases due to tariffs imposed by the Trump administration. With soybeans piling up, the risk of bankruptcies looms. Farmers scramble for storage while waiting for trade negotiations to bear fruit.
China has officially imposed tariffs on a range of U.S. agricultural products, escalating the ongoing trade war with the U.S. as both nations seek a path to negotiation amidst economic concerns.
In a significant escalation of the trade war, China has imposed tariffs of up to 15% on U.S. farm products and blacklisted over 20 American companies. This retaliation comes after Trump’s announcement of increased tariffs on Chinese goods.