As China ceases to buy US-made agricultural products such as soybeans, it is observed that the US-China Phase 1 trade agreement can go to destruction.
Bloomberg News quoted Chinese sources as saying government officials had ordered major grain companies to stop purchasing some agricultural products, including soybeans.
One source said Chinese buyers also canceled orders for American pork.
"The difficult US-China first-tier trade agreement was in jeopardy," Bloomberg said.
"China, order to stop buying US agricultural products"… US-China Trade Agreement 'Critical'
2020-06-01T21:39:25.545Z
As China ceases to buy US-made agricultural products such as soybeans, it is observed that the US-China Phase 1 trade agreement can go to destruction. Bloomberg News quoted Chinese sources as saying government officials had ordered major grain companies to stop purchasing some agricultural products, including soybeans.
Source: sbskr