World News@lemmy.worldEnglish · 12 days ago

Trump urges China to quadruple soybean orders

www.reuters.com

cross-posted to:
news@lemmy.world

Trump urges China to quadruple soybean orders

www.reuters.com

Stamau123@lemmy.world to

World News@lemmy.worldEnglish · 12 days ago

cross-posted to:
news@lemmy.world

reuters.com

www.reuters.com

Trump asks China to buy more U.S. soybeans
China-US tariff truce deadline looms
Analysts say quadrupling soybean orders is ‘highly unlikely’

Aug 10 (Reuters) - U.S. President Donald Trump on Sunday urged China to quadruple its soybean purchases ahead of a key tariff truce deadline, sending Chicago soybean prices higher, though analysts were quick to question the feasibility of any such deal.

In a late night post on Truth Social, Trump said China was worried about a shortage of soybeans and he hoped it would quickly quadruple its soybean orders from the U.S.

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12 days ago
Tofu has been ridiculously cheap here lately, but I’m in the soybean/corn belt. It’s been pretty great, honestly. “Real” proteins are a minimum of $6 per pound for the worst cuts, so getting tofu for roughly $1 per pound has been incredible. I just wish my spouse liked it as much as me and my kid do.

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