China Promises “Billions” of Farm Purchases

Article from Successful Farming

The United States expects China to sign up to buy "double-digit billions" worth of U.S. farm goods following a summit between Presidents Donald Trump and Xi Jinping in Beijing, U.S. Trade Representative Jamieson Greer said on Friday.

Greer noted the 25 million metric ton per year soybean deal agreed last October and said the U.S. also expects to "see an agreement for double-digit billion purchases of ags over the next three years per year coming out of this visit."

"And that's more general, that's aggregate. That's not just soybeans, that's everything else," he said in an interview on Bloomberg Television.

Separately, Trump said in an interview aired on Thursday evening on Fox News' "Hannity" program that "China will buy a lot of our farm products."

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