Trump says he hopes China will quickly quadruple its US soybean orders
Reuters
Synopsis
President Trump expressed optimism that China would significantly increase its soybean purchases from the United States, potentially quadrupling its orders. He highlighted this move as a solution to address China’s soybean shortage and substantially reduce the trade deficit between the two nations. Trump assured rapid service and thanked President Xi for considering the proposal.
AgenciesU.S. President Donald Trump said on Sunday that he hoped China would quadruple its soybean orders from the U.S, adding that it was also “a way of substantially reducing” Beijing’s trade deficit with Washington.
“China is worried about its shortage of soybeans. Our great farmers produce the most robust soybeans. I hope China will quickly quadruple its soybean orders. This is also a way of substantially reducing China’s Trade Deficit with the USA. Rapid service will be provided. Thank you President XI,” Trump said on Truth Social.