US Treasury Secretary Scott Bessent said on Thursday that China has agreed to buy 12 million metric tons of American soybeans during the current season through January, down from 22.5 million tons in the prior season after a months-long tariff battle halted all purchases of the current US harvest.
China also committed to buying 25 million tons annually for the next three years as part of a larger trade agreement with Beijing, Bessent said, which would represent a return to normalcy in trade with the top US soy importer ave
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