Report Says China Has Stopped Buying US Soybeans
China bought about 13 million metric tons of American soybeans since December, when President Donald Trump decided to hold tariffs at 10 percent on List 3 of the Section 301 actions. But according to a new report from Bloomberg, those…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
purchases have stopped. Officials told Bloomberg reporters that previously contracted sales will be honored. China may need fewer soybeans from any source because of the African swine flu epidemic crimping demand for livestock feed, the report noted.