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According to Trump, China does not buy US agricultural products in trade talks



A farmer fills in planters with soybean seeds in Gideon, Missouri.

Shannon Stapleton | Reuters

China is not buying US crops as the world's two largest economies strive to end their trade war, President Donald Trump said Thursday.

The president tweeted that Beijing "abandons us" by not buying American agricultural products. that they said they would. "Development may be bad for efforts to reach a trade agreement as US officials have expected China to buy grain as part of the ongoing talks.

" Hopefully they will start soon! "Trump said.

Washington and Beijing have returned to trade talks in recent weeks after discussions collapsed in May, and by the time a development agreement collapsed, Trump accused China of withdrawing from important commitments.

Stock market observers have ignored the US-US conflict China persecuted: A continuing trade war could harm not only US corporations but also the global economy.

After Trump and Chinese President Xi Jinping met at the G20 summit in Japan last month, the sides agreed to to push forward the talks and to hold back new tariffs The US presidency However, nt left the meeting with the expectation that China would buy American crops.

"We are holding tariffs and they will buy agricultural products," he said.

Increased agricultural purchases serve Trump more than one purpose. He has long urged that the US reduce its trade deficit with China. Trump also wants to help farmers in major electoral states, who have recently been punished by floods, low crop prices and the US trade dispute with Beijing. [Tuesday, September 29, 2009] On Tuesday, Trump's economic adviser Larry Kudlow declared the White House "very, very important." for China to buy agricultural products while trade talks continue.

The US has imposed duties on Chinese goods worth $ 250 billion. China has beaten tariffs of US $ 1

10 billion on American products.

After the trade talks collapsed in May, both Washington and Beijing raised rates for some of the existing tariffs.

the US pork industry


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