Trump says China’s Xi Jinping agreed to purchases of US goods

Trade talks between the United States and China are very important (Trump says). They affect farmers, companies, and shoppers all over the world. Lately, there has been a lot of tension in the trade relationship. But recently, things seem to be getting better.

U.S. President Donald Trump spoke with Chinese President Xi Jinping in a phone call. After the call, President Trump gave an update. He said that he asked President Xi to accelerate and increase China’s purchases of American products. Trump said that the Chinese leader had “more or less agreed” to do this. This news suggests a new warming in the trade relationship between the world’s two biggest economies. This is good news for many U.S. industries, especially farmers.

The Call and the Promise Trump says

President Trump spoke to reporters about his phone call with President Xi. The call happened on a Monday. It covered many important topics. They talked about trade, the war in Ukraine, and how to control the flow of fentanyl—a dangerous drug—into the U.S. The talk was part of an effort to stabilize things after a very tense time. Trump says

• Trump’s Request: President Trump told reporters what he asked for. He said, “I asked him, I’d like you to buy it a little faster. I’d like you to buy more.”
• Xi’s Response: Trump said that President Xi “more or less agreed to do that.”
• Optimism: President Trump also said he thinks people will be “pleasantly surprised” by the actions President Xi takes soon.

This promise to speed up purchases is important. It comes after the two leaders met in person. That meeting was in South Korea at the end of October. At that meeting, they reached a major trade and economic deal. Trump says

The Heart of the Deal: Soybeans and Agriculture Trump says

The biggest sign that China is keeping its promise is the quick buying of U.S. farm products. Soybeans have always been a main point of tension in the trade dispute. U.S. farmers suffered greatly when China stopped buying their soybeans.

Immediate Chinese Action

Right after the phone call, China started buying U.S. soybeans again.

• New Orders: China purchased at least 10 cargoes of U.S. soybeans. This is a very large amount. These purchases are worth about $300 million.
• Shipment Time: The soybeans are planned to be shipped in January. They will go from U.S. terminals to China.
• Higher Price Paid: This buying is happening even though U.S. soybeans cost more than soybeans from Brazil. China is paying a higher price for the American goods. This shows that the purchases are likely part of the government-to-government agreement. State-run companies in China are leading this buying effort. Trump says

Specific Commitments

The large trade agreement reached in South Korea included clear promises for China to buy U.S. farm goods. This part of the deal is important for U.S. farmers.

• Near-Term Goal: China committed to buying at least 12 million metric tons of U.S. soybeans during the last two months of this year. Trump says
• Long-Term Goal: China also promised to buy at least 25 million metric tons of U.S. soybeans in the next three years (2026, 2027, and 2028). Trump says

However, experts say that even the 12 million tons for this year is a lot less than what China bought before the trade tensions began. For example, China bought nearly 27 million tons of soybeans in the previous year. This means the purchases help the farmers, but they do not fully return trade to the way it was before. Trump says

More Than Just Soybeans Trump says

The recent agreement covers more than just farm goods. The United States and China have also agreed on other important trade issues. This helps to ease the overall trade dispute. Trump says

Rare Earth Minerals

Rare earth elements are very important. They are used in many high-tech products like smartphones, cars, and military jets. China controls much of the world’s supply of these minerals. China had recently said it would control the export of these minerals. This caused big worries for U.S. companies.

• The Deal: China agreed to stop the new controls on rare earth exports. This de facto removal of controls helps to secure the supply chain for U.S. technology companies.

Fentanyl and Tariffs

The deal also included agreements on other major issues that are important to both countries.

• Fentanyl Control: China promised to take steps to stop the flow of fentanyl precursors into the U.S. These are the chemicals used to make the deadly drug.
• Tariff Suspension: China also agreed to suspend all the extra tariffs it had placed on U.S. goods. These were taxes on U.S. farm products like chicken, corn, cotton, pork, and dairy. The U.S. also made some changes to its own tariffs. This helps to lower the cost of goods for shoppers and businesses.

Why the Trade War Began Trump says

The trade tensions between the two countries started because of deep disagreements.

• The U.S. Side: The U.S. argued that China was not following fair trade rules. The U.S. complained that China stole technology and forced U.S. companies to share their secrets.
• The China Side: China argued that the U.S. was trying to stop its economic growth. It saw the U.S. actions as unfair.

These disagreements led to both countries putting high tariffs (taxes) on each other’s goods. This hurt many businesses and industries, especially U.S. farmers. The recent talks and agreements are an effort to pull back from this trade war. They try to find a way for the two countries to trade again.

Looking Ahead: Skepticism and Hope Trump says

The news that President Xi agreed to accelerate purchases brings hope. It is a sign of a better trade relationship. However, some people remain skeptical. They wonder if the promises will fully be kept.

• Historical Concerns: In the past, China has made promises to buy U.S. goods but did not always meet the targets. This happened with a trade deal in 2020.
• Market Realities: Experts note that commercial buyers in China will always look for the cheapest options. Today, Brazilian soybeans are cheaper than U.S. soybeans. This means that China’s government might have to force state-owned companies to buy the more expensive U.S. products to meet the agreement. This is not how a free market usually works.

Despite these concerns, the fact is that the two countries are talking again. Trump says China’s Xi Jinping agreed to accelerate purchases of US goods. This statement is a strong sign that both sides want to avoid a full-blown trade war. The agreement protects U.S. national security interests. It also helps American farmers. The next step is to watch and see how quickly and how much China actually buys. This will show if the trade relationship is truly on the path to becoming stable again.

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