China’s Soybean Buying Spree After Trade Truce Thrills Farmers, Shakes Markets
Trade Truce Revives Soybean Trade After years of fraught trade relations, Washington and Beijing reached a breakthrough at a summit in Busan, South Korea on October 30, 2025. U.S. President Donald Trump and China’s President Xi Jinping agreed to a one-year pause in their tariff war – a deal that included major agricultural commitments. Both leaders hailed an “amazing” meeting as they shook hands on a U.S.-China trade truce ts2.tech. Under the accord, China pledged to resume buying U.S. soybeans and energy (after a long halt), while the U.S. agreed to scale back some tariffs ts2.tech. Notably, Beijing said it