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Bring in the (Soy)Bean Counters
Summary by U.S.-China Perception Monitor
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Bring in the (Soy)Bean Counters
In October 2025, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Busan, South Korea, Presidents Donald Trump and Xi Jinping struck a trade truce that included a striking agricultural commitment: Beijing would purchase at least 12 million metric tons (mmt) of American soybeans before the end of that year, and at least 25 mmt annually through 2028. China’s Ministry of Commerce (MOFCOM confirmed) the outcome from its side…
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