Trump promised China would buy more soybeans. American farmers are still waiting - News Summed Up

Trump promised China would buy more soybeans. American farmers are still waiting


New York (CNN) American soybean farmers are still waiting to see the benefit of President Donald Trump's trade truce with China. The President said Tuesday that China is "back in the market" to buy American soybeans -- but farmers said that was the first they had heard of any change since July, when China retaliated against new American tariffs by blocking imports of US agricultural products. "I've heard rumors that they're going to buy our beans and put them in reserve, but I don't see ships sitting in our ports to haul them to China yet," said John Heisdorffer, an Iowa soybean grower and chairman of the American Soybean Association, on Wednesday. "I hate to say it this way, but everything so far has been talk. The reality is, you want to see something before you actually feel good about it," he added.


Source: CNN December 12, 2018 20:48 UTC



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