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Trump's Soybean Promise Falls Short Amid Tariff Concerns

11/17/2025

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Summary

Story summary

U.S. President Donald Trump said China will greatly increase purchases of U.S. soybeans, promising a lot before spring.
USDA data show only two purchases totaling 332,000 metric tons, far below the promised 12 million metric tons.
Analysts remain skeptical due to high tariffs and Brazil's ample soybean supplies.
Farmers fear losses unless China makes sizable purchases or government aid, while a 24% tariff reduces competitiveness.

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Story summary

U.S. President Donald Trump said China will greatly increase purchases of U.S. soybeans, promising a lot before spring.
USDA data show only two purchases totaling 332,000 metric tons, far below the promised 12 million metric tons.
Analysts remain skeptical due to high tariffs and Brazil's ample soybean supplies.
Farmers fear losses unless China makes sizable purchases or government aid, while a 24% tariff reduces competitiveness.