FILE PHOTO: A bushel of soybeans are shown on display in the Monsanto research facility in Creve Coeur, Missouri, U.S. on July 28, 2014. REUTERS/Tom Gannam
BEIJING - China’s purchases of U.S. agricultural products will not impact its imports from other countries, a commerce ministry official said on Tuesday. China welcomes the entry of competitive U.S. products into its markets and hopes the United States could create conditions to facilitate exports to China, Li Xingqian told a news conference.
China will expand imports based on market conditions and in line with rules of the World Trade Organisation, Li added. Beijing agreed to major purchases of U.S. farm products as part of an initial trade deal signed last week, but doubts remain over a number of issues.
China has already arranged/ agreed to buy products from other countries because of trumpy foolishness. NOW do you understand, Republicans? When trumpy said 'Trade wars are easy to win ', it was 100% A LIE. He knows NOTHING about international trade. He's just a braggart and liar
They have expanded their pool of non-US suppliers, and this was Trump’s biggest mistake. He elevated sizeable foreign competitors that now give China much more leverage over our producers. A strategic blunder, but no surprise for this amateurish leader we have.
So China going to go from $12B in Ag-trade with US Farmers, to $45B a yr, and not it will not affect farm trade with other countries? Can't wait to see this!
Right.
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