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China meets initial soybean purchase goal, but Trump's shifting trade policy could disrupt deal

China meets initial soybean purchase goal, but Trump's shifting trade policy could disrupt dealThe Trump administration says China has fulfilled its initial commitment to buy 12 million metric tons of soybeans, but it’s not clear if the trade agreement announced in October can withstand President Donald Trump’s ever-shifting trade policy as Amer... ByJOSH FUNK AP business writerJanuary 20, 2026, 3:02 PMChina has fulfilled its initial commitment to buy 12 million metric tons of soybeans from the U. S., but it's not clear if the trade agreement announced in October can withstand President Donald Trump's ever-shifting trade policy as American farmers are still dealing with high production costs. Earlier this month, Trump said he would impose 25% tariffs on any country that buys from Iran, which would include China. Then last weekend he threatened to impose 10% tariffs on eight of America's closest allies in Europe if they continue to oppose his efforts to acquire Greenland. So the administration's trade policy continues to change quickly, and Iowa State University agricultural economist Chad Hart said that could undermine the trade agreement with China and jeopardize the commitment by the world's largest soybean buyer to purchase 25 million metric tons of American soybeans in each of the next three years.“Those new tariffs — what does that mean for this agreement?

China meets initial soybean purchase goal, but Trump's shifting trade policy could disrupt deal

Credit: Abcnews

Key Highlights

  • Does it throw it out?
  • Is it still binding?
  • That’s sort of the game here now," Hart said.
  • Beijing paused any purchase of U. S.
  • soybeans last summer during its trade war with Washington but agreed to resume buying from American soybean farmers after Trump and Chinese leader Xi Jinping met in South Korea and agreed to a truce. Treasury Secretary Scott Bessent announced the purchasing milestone China has met in an interview with Fox News on Tuesday from the sidelines of a major economic forum in Davos, Switzerland, where Bessent met with his Chinese counterpart, Vice President He Lifeng.
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Sources

  1. China meets initial soybean purchase goal, but Trump's shifting trade policy could disrupt deal

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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