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US Trade Representative Greer publicly “accepted accounts” on Fox News on the 7th, clearly stating that China has always complied with the terms of the bilateral trade agreement between China and the US, directly responding to last month's statement that “China's soybean purchases have stagnated.” According to a Bloomberg report, Greer said in an interview on the TV program “Sunday Briefing” on the US Fox News channel that all recent agreements reached between the US side and China are very clear. At present, China has been complying with the relevant agreements. On the much-publicized soybean procurement issue, he revealed that China has fulfilled one-third of its procurement commitments for this growing season. This development contrasts with Bloomberg's previous report. The media said last month that China's procurement of US soybeans appears to have come to a standstill. On the 3rd of this month, it was also claimed that China only purchased 2.25 million tons of soybeans, far below the promised amount. According to reports, US Treasury Secretary Bessent also stated on the CBS “Facing the Nation” TV program on the same day that although China will not speed up procurement, related purchases are still expected to be completed this crop season. He also said that the price of soybeans has risen by 12% to 15% recently. According to data from the US Department of Agriculture, soybeans will account for about 20% of the US cash crop income in 2024, worth about 46.8 billion US dollars, of which about 1/4 will be sold to China. However, due to the trade war initiated by the Trump administration, China has suspended purchases of US agricultural products for several months, and American farmers and grain traders have suffered losses of billions of dollars.

智通財經·12/08/2025 08:25:04
語音播報
US Trade Representative Greer publicly “accepted accounts” on Fox News on the 7th, clearly stating that China has always complied with the terms of the bilateral trade agreement between China and the US, directly responding to last month's statement that “China's soybean purchases have stagnated.” According to a Bloomberg report, Greer said in an interview on the TV program “Sunday Briefing” on the US Fox News channel that all recent agreements reached between the US side and China are very clear. At present, China has been complying with the relevant agreements. On the much-publicized soybean procurement issue, he revealed that China has fulfilled one-third of its procurement commitments for this growing season. This development contrasts with Bloomberg's previous report. The media said last month that China's procurement of US soybeans appears to have come to a standstill. On the 3rd of this month, it was also claimed that China only purchased 2.25 million tons of soybeans, far below the promised amount. According to reports, US Treasury Secretary Bessent also stated on the CBS “Facing the Nation” TV program on the same day that although China will not speed up procurement, related purchases are still expected to be completed this crop season. He also said that the price of soybeans has risen by 12% to 15% recently. According to data from the US Department of Agriculture, soybeans will account for about 20% of the US cash crop income in 2024, worth about 46.8 billion US dollars, of which about 1/4 will be sold to China. However, due to the trade war initiated by the Trump administration, China has suspended purchases of US agricultural products for several months, and American farmers and grain traders have suffered losses of billions of dollars.