Trump urges China to quadruple soybean orders

cross-posted from: https://lemmy.world/post/34293523

• Trump asks China to buy more U.S. soybeans
• China-US tariff truce deadline looms
• Analysts say quadrupling soybean orders is 'highly unlikely'

Aug 10 (Reuters) - U.S. President Donald Trump on Sunday urged China to quadruple its soybean purchases ahead of a key tariff truce deadline, sending Chicago soybean prices higher, though analysts were quick to question the feasibility of any such deal.

In a late night post on Truth Social, Trump said China was worried about a shortage of soybeans and he hoped it would quickly quadruple its soybean orders from the U.S.