Xinhua News Agency of Singapore reported today (October 20): "As the Sino-US trade friction continues to escalate, China did not import soybeans from the United States in September, which is the first time this year that there has been zero imports."
Previously, Trump frequently pressured China to purchase American soybeans. Yesterday, he said: "I believe both sides will reach an agreement on soybeans," but this statement received no response from China. The root cause of this situation lies in the lack of sincerity from the U.S. side: it has violated the commitments made in the previous four rounds of negotiations, continuously increased sanctions against China and applied extreme pressure, and even maliciously attacked Chinese negotiation representatives. If the U.S. does not deeply reflect and abandon its tariff bullying policy, not only will issues such as rare earth export controls and soybean purchases be difficult to make progress, but American farmers will also face massive losses of billions of dollars. The Chinese soybean market that the U.S. has long occupied will also be completely taken over by countries such as Brazil and Argentina.
Original article: www.toutiao.com/article/1846478454433929/
Statement: This article represents the views of the author himself.