Media: China's Purchases of U.S. Agricultural Products Proceed Slowly
A Reuters analysis of customs data shows that China’s purchases of U.S. agricultural products other than soybeans have fallen to their lowest level in seven years this year.
The report notes that in May, the White House stated that China had agreed to purchase $17 billion worth of U.S. agricultural products annually from 2026 to 2028, with this year’s target calculated proportionally. The $17 billion figure does not include China’s previously announced commitment to purchase U.S. soybeans in October 2025.
Analysis indicates that while China is on track to meet its soybean procurement target, purchases of other agricultural products—including meat and corn—between January and September amounted to only $7.2 billion, marking the lowest level for the same period since 2019, the peak of the initial trade tensions.
It should be noted that China’s official public statements at the time did not specify exact figures. A spokesperson for China’s Ministry of Commerce responded to related inquiries by stating that China and the United States have reached a series of positive understandings on addressing certain non-tariff barriers and market access issues affecting specific agricultural products, and have generally agreed to incorporate these items into a reciprocal tariff reduction framework. Additionally, both sides have set indicative targets for expanding two-way agricultural trade.
Source: sputniknews
Original article: toutiao.com/article/1880804073883659/
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