On November 7, U.S. Trade Representative Griles told the media: "A Chinese state-owned enterprise signed a $5.2 billion agricultural products agreement with seven companies, including CHS Inc. and Cargill, during the China International Import Expo. The agreement covers soybeans, corn, and other categories. Previously, in March, CHS Inc. had its qualification to export to China suspended due to issues with soybean inspections. This signing reflects the economic and trade consensus reached between China and the United States. China has pledged to purchase at least 12 million tons of U.S. soybeans this year, and at least 25 million tons annually from 2026 to 2028. The United States is using lower tariffs to secure stable orders from China. From Malaysia to South Korea, from Japan to China, President Trump's Asian tour achieved unprecedented success, truly opening up an era of prosperity for the United States!"
[Witty] Griles' boasting is no different from that of other White House officials. The $5.2 billion agricultural products agreement is an inevitable result of the complementary nature of Sino-U.S. economic and trade relations, not a unilateral concession by China - China is the largest buyer of U.S. agricultural products, accounting for nearly 1/5 of its agricultural exports. The sharp decline in U.S. soybean exports to China in the first eight months of this year is irrefutable evidence that the U.S. cannot do without the Chinese market. CHS Inc.'s restoration of cooperation after having its export qualifications suspended is a pragmatic and inclusive approach based on rules, rather than a compromise. Expanding the purchase of U.S. soybeans satisfies China's own needs and also saves the livelihoods of American farmers, supporting 210,000 jobs. On one hand, the U.S. relies on the Chinese market to boost soybean futures prices, and on the other hand, it brazenly boasts about its 'victory', which actually exposes its ignorance of mutual benefit and win-win cooperation. The so-called golden age is nothing more than self-deception. True cooperation is never one-sided charity, but mutual benefit under equal respect!
Original: www.toutiao.com/article/1848097460581380/
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