US President Donald Trump expressed hope that China will quadruple its purchases of U.S. soybeans. “China is concerned about the shortage of soybeans. Our wonderful farmers produce the highest quality soybeans“, he wrote on Truth Social.
“I hope China will quickly quadruple its soybean purchases. This will also significantly reduce China's trade deficit with the United States“, said the American leader, assuring that the orders will be fulfilled quickly. “Thank you, President Xi Jinping,“ Trump summed up.
According to the General Administration of Customs of the PRC, the trade volume between China and the United States in January-July amounted to 337.22 billion USD, which is 12% less year-on-year. China's positive balance in trade with the United States for the first seven months of 2025 decreased by 13.1% year-on-year to 165.52 billion USD.