A farmer plants soybeans in a field in Springfield, Nebraska, in May. Photo: AP

US farmers struggle to replace China market despite Donald Trump’s trade wins

  • Bump from deals like new trade pact with Japan can’t make up for lost exports in bruising tariff war
  • US farmers spent decades cultivating customers in China, and the market dwarfs others with its sheer size and potential for growth
Topic |   US-China trade war

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A farmer plants soybeans in a field in Springfield, Nebraska, in May. Photo: AP
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China has been trying to use increased purchases of US farm products as a key bargaining chip to facilitate a trade deal with the United States, but US President Donald Trump said he will not accept a “partial” deal. Photo: Bloomberg

China to buy more US farm products in latest goodwill gesture as Donald Trump rules out ‘bad deal’

  • Purchases will include soybeans and pork after last week the US excluded hundreds of products from a 25 per cent duty imposed on US$250 billion worth of goods
  • The US president seemed to further rule out thoughts of a ‘partial’ deal in a speech at the United Nations General Assembly in New York on Tuesday
Topic |   US-China trade war

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China has been trying to use increased purchases of US farm products as a key bargaining chip to facilitate a trade deal with the United States, but US President Donald Trump said he will not accept a “partial” deal. Photo: Bloomberg
READ FULL ARTICLE