China soybean order: US President Donald Trump has urged China to increase the purchase of soybean from the US four times to reduce the increasing trade deficit between the two countries. Trump wrote on his social media platform ‘Truth Social’, “China is struggling with lack of soybean, while American farmers are producing magnificent soybeans. We hope that China will cooperate immediately by increasing the purchase.”
Buy soybean and reduce business deficit
This statement comes at a time when the time limit for temporary reconciliation between the US and China over the high tariff is ending on Tuesday. There are indications that the White House is trying to reduce stress.
US Vice President JD Vance told in a TV interview that President Trump has not yet taken any decision on the issue of China buying oil from Russia. He said that the relationship between Washington and Beijing is going through a very complex phase.
Will stress increase again?
Significantly, on April 2 this year, America had put high tariffs on many countries around the world. In response, China also increased tariffs on America. This conflict between the world’s two largest economies created a stir in the global market. After the temporary reconciliation is over, it is feared to deepen business tension once again
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