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China's Soybean Deal with U.S. Faces Trade Uncertainty

1/21/2026

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Story summary
  • China has met its commitment to buy 12 million metric tons of U.S. soybeans, but trade-deal durability remains uncertain.
  • U.S. President Donald Trump has threatened tariffs that could affect the agreement.
  • China resumed purchases after a pause, but relies on Brazil and Argentina, which accounted for over 70% of last year’s imports.
  • U.S. farmers face high costs despite aid, and soybean prices have fallen below profitable levels amid trade uncertainty.