Trump urges China to quadruple U.S. soybean orders

AWANI

U.S. President Donald Trump urged China to quadruple its soybean purchases from the U.S., claiming it would help reduce Beijing’s trade deficit amid ongoing tariff negotiations.

Transcript

00:00U.S. President Donald Trump expresses hope that China will quadruple its soybean orders from the

00:05U.S. In a post on Truth Social, he says that this is a way of substantially reducing Beijing's

00:10trade deficit with Washington. A tariff truce between the two countries is due to expire on

00:18August 12, though the Trump administration has signaled the deadline could be extended.

00:23China buys more than 60% of soybeans shipped worldwide, sourced mainly from Brazil and the

00:28U.S. Last year, it imported roughly 105 million metric tons, just under a quarter from the U.S.

00:35and most of the remainder from Brazil. Quadrupling U.S. shipments would require China to source most

00:41of its soybeans from American suppliers. In recent years, China has reduced reliance on U.S. soybeans,

00:47favoring South American suppliers instead. Amid ongoing trade tensions, China has yet to buy any

00:53U.S. soybeans for the fourth quarter, raising concerns ahead of the U.S. harvest export season.

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