“China has already begun purchasing agricultural products from our great patriotic farmers,” he wrote on Twitter.
CHINA HAS ALREADY BEGUN AGRICULTURAL PURCHASES FROM OUR GREAT PATRIOT FARMERS & RANCHERS!
- Donald J. Trump (@realDonaldTrump) October 13, 2019Trump also said that countries are completing the first phase of the trade transaction and will soon begin the second phase.
In addition, the American leader decided not to raise duties on Chinese goods from 25% to 30% from October 15.
In September, Politico reported that the Chinese authorities intend to buy a small amount of agricultural products from the United States.
The expert at the RISI Center for Economic Research, Vyacheslav Kholodkov, in an interview with the FBA “Economics Today” evaluated the relations between the USA and China.