China just purchased its first U.S. soybeans from this year’s harvest before Trump and Xi meet at economic summit

FortuneThursday, October 30, 2025 at 10:07:00 AM
China just purchased its first U.S. soybeans from this year’s harvest before Trump and Xi meet at economic summit
China's recent purchase of U.S. soybeans from this year's harvest is a significant step forward in trade relations, especially ahead of the upcoming economic summit between President Trump and President Xi. This development indicates a potential thaw in negotiations following China's earlier restrictions on rare-earth exports. It highlights the importance of agricultural trade in the broader context of U.S.-China relations and suggests that both nations are eager to find common ground.
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