Trump says China is 'letting us down' by not buying American farm exports

donald trump make farmers great again

  • President Donald Trump took aim at China on Thursday,
    saying that it hadn’t followed through with vows to increase
    purchases of American agricultural products.
  • Trump said that China had agreed to buy an unspecified
    amount of American farm exports following his meeting with
    President Xi Jinping at the G20 summit in late June.
  • But China has not publicly acknowledged any such
    commitment. 

  • Visit
    Markets Insider for more stories
    .

President Donald Trump took aim at China on Thursday, saying
that it hadn’t followed through with vows to increase purchases of
American agricultural products.

“China is letting us down in that they have not been buying the
agricultural products from our great Farmers that they said they
would,” Trump
wrote on Twitter
. “Hopefully they will start soon!”

Trump said that China had agreed to buy an unspecified amount of
American farm exports following his meeting with President Xi
Jinping at the G20 summit in late June, when the two sides reached
a ceasefire in their yearlong trade dispute. But China has not
publicly acknowledged any such commitment. 

“China is going to be buying a tremendous amount of food and
agricultural product, and they’re going to start that very soon,
almost immediately,” Trump said following his lunch with Xi. “We’re
going to give them lists of things that we’d like them to buy. Our
farmers are going to be a tremendous beneficiary.”


The New York Times reported Wednesday
that Chinese officials
denied that any concrete agreement on agricultural purchases had
been reached last month, citing people familiar with the
negotiations. The White House and the Office of the US Trade
Representative did not respond to emails requesting comment. 

Chinese purchases of key American agricultural products came to
a standstill last year after Xi retaliated against the US with
steep tariffs on soybeans and other grain products. The Trump
administration has sought to placate farmers ahead of the 2020
elections, rolling out a multibillion dollar bailout package. 

In May, nearly a dozen rounds of trade negotiations
stalled
after the US said China reneged on separate
commitments. Talks resumed this week, but there was
little evidence
of progress on key issues such as intellectual
property theft and enforcement. A US official said those meetings
will continue “as appropriate,” but did not offer further
information.

SEE ALSO: US-China
trade talks could get off to a rocky start this week as the two
sides remain far apart on key issues


Join the conversation about this story »

NOW WATCH:
Most hurricanes that hit the US come from the same exact spot in
the world

Source: FS – All – Economy – News
Trump says China is 'letting us down' by not buying American farm exports