{"id":22304,"date":"2026-05-17T22:40:15","date_gmt":"2026-05-17T22:40:15","guid":{"rendered":"https:\/\/lonecandle.com\/?p=22304"},"modified":"2026-05-17T22:40:15","modified_gmt":"2026-05-17T22:40:15","slug":"us-says-china-agrees-to-spend-billions-on-agricultural-goods","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=22304","title":{"rendered":"US Says China Agrees to Spend Billions on Agricultural Goods"},"content":{"rendered":"\n<p>&#8220;Previous efforts by Trump to get China to purchase more US goods have fallen short, raising questions about whether the latest pledges will be fulfilled. China failed to meet its commitments under an agreement Trump brokered in 2020 to buy an extra $200 billion in US agricultural, energy and manufactured products over a two-year period. The Covid-19 pandemic complicated that effort but critics said the targets were unrealistic.<\/p>\n\n\n\n<p>China has recently turned to cheaper Brazilian soybeans after meeting the initial purchasing volume from the US agreed to in last year\u2019s trade truce between Washington and Beijing.<\/p>\n\n\n\n<p>While the fresh discloser will likely be welcomed by farmers, who were seeking more clarity from the latest summit, the amount may not be large enough to satisfy growers looking to turn around tough economic conditions.<\/p>\n\n\n\n<p>Farmers have been struggling for years with relatively low crop prices and high costs. Pressures have been compounded by geopolitical tensions including Trump\u2019s tariffs, and most recently by a surge in fertilizer costs linked to the conflict in Iran.&#8221;<\/p>\n\n\n\n<figure class=\"wp-block-embed\"><div class=\"wp-block-embed__wrapper\">\nhttps:\/\/finance.yahoo.com\/economy\/policy\/articles\/us-says-china-agrees-spend-181028241.html\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Previous efforts by Trump to get China to purchase more US goods have fallen short, raising questions about whether the latest pledges will be fulfilled. China failed to meet its commitments under an agreement Trump brokered in 2020 to buy an extra $200 billion in US agricultural, energy and manufactured products over a two-year period. The Covid-19 pandemic complicated that effort but critics said the targets were unrealistic.<\/p>\n<p>China has recently turned to cheaper Brazilian soybeans after meeting the initial purchasing volume from the US agreed to in last year\u2019s trade truce between Washington and Beijing.<\/p>\n<p>While the fresh discloser will likely be welcomed by farmers, who were seeking more clarity from the latest summit, the amount may not be large enough to satisfy growers looking to turn around tough economic conditions.<\/p>\n<p>Farmers have been struggling for years with relatively low crop prices and high costs. Pressures have been compounded by geopolitical tensions including Trump\u2019s tariffs, and most recently by a surge in fertilizer costs linked to the conflict in Iran.&#8221;<\/p>\n<p>https:\/\/finance.yahoo.com\/economy\/policy\/articles\/us-says-china-agrees-spend-181028241.html<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[89,221,217,165,272,355,314,226,32,313,227,170,619],"class_list":["post-22304","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-china","tag-donald-trump","tag-economics","tag-economy","tag-foreign-affairs","tag-foreign-policy","tag-international-relations","tag-trade","tag-trade-agreement","tag-trade-deal","tag-trade-war","tag-trump","tag-united-states"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/22304","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22304"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/22304\/revisions"}],"predecessor-version":[{"id":22305,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/22304\/revisions\/22305"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}