U.S. President Donald Trump says soybeans will be a key issue in his meeting with Chinese President Xi Jinping, accusing Beijing of using American farmers as leverage by halting soybean imports.
00:00U.S. President Donald Trump says soybeans will be a major topic when he meets Chinese President Xi Jinping in four weeks.
00:08Trump says American farmers have been hit hard, claiming China is using soybean purchases as a negotiating tactic, halting imports from the U.S. during the trade war.
00:19Chinese buyers have so far avoided the autumn U.S. harvest, costing American farmers billions.
00:24Instead, the world's largest soybean importer has turned to South America, pressuring U.S. soybean prices.
00:32Trump has repeatedly used tariff revenues to offer aid to farmers, but hopes for a trade breakthrough dimmed after a call earlier this month with Xi produced no new agreements on agriculture.
00:43The two leaders will meet on the sidelines of the AIPAC summit in Gyeongju, South Korea, at the end of October.
00:49Trump also plans to visit China early next year, with Xi expected to travel to the U.S. later.
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