US Soy Ships Pile Into China as Trump Summit Delay Clouds Trade
A wave of US soybeans reached Chinese shores this year as a deal between the two nations revived the trade. But the delay of President Donald Trump’s visit to Beijing is clouding prospects over how long the influx will last.
China brought in 1.45 million tons of US soybeans in February, the most since June, according to data from China customs. That added to 38,002 tons that arrived in January. They mark the first arrivals of a flurry of cargoes booked by state buyers after Trump and counterpart Xi Jinping struck a trade truce in late October.