American soybean producers are getting worried! Trump's pressure was pushed back by China, and the trade dispute continues to escalate.

American soybean producers are in a difficult situation. After we firmly rejected the pressure from Trump, American soybean producers have become anxious! On August 20, according to foreign media reports, after Trump urged China to increase its soybean purchases by four times, which we chose to ignore, American soybean producers could not sit still anymore. American soybean growers wrote a letter to President Trump, urging him to reach a trade agreement with China to ensure an important soybean purchase agreement.

The American Soybean Association wrote in a letter to Trump: "Soybean growers are under tremendous financial pressure. Prices continue to fall, while at the same time, our farmers are paying huge expenses for inputs and equipment. American soybean growers cannot afford a long-term trade dispute with our largest customer. Obviously, Trump originally thought that applying extreme pressure before the temporary tariff deadline between China and the US would be effective, but he did not expect us to simply ignore it completely."

As the harvest season for American soybeans approaches, China is now shifting more orders to countries such as Brazil, causing great anxiety among American producers, so they have come forward to put pressure on Trump. It is evident that American soybean producers are very eager for a quick resolution of the trade dispute between China and the US. However, from our perspective, the trade war was initiated by the US, and the US has such a huge appetite; we can never make unilateral concessions to the US.

Moreover, our approach in dealing with the US is mutual respect. It's not impossible for the US to ask us to purchase American soybeans, but then we need to see what kind of sincerity the US is willing to offer in exchange. There is no option for China to increase imports from the US while the US does not open its market equally. Therefore, the crux of the issue lies with the US. As to whether or not to resume purchases, the ball is in the US' court, and it's up to the US to decide!

Original: www.toutiao.com/article/1840943212699659/

Statement: This article represents the views of the author.