www.bloomberg.com
U.S. Treasury Secretary Scott Bessent stated China is on track to fulfill its commitment to purchase 12 million tons of U.S. soybeans. This statement suggests an extension to the original deadline for China to complete these purchases, pushing it to the end of February. While details of the initial deadline remain unconfirmed in this content, Bessent’s announcement indicates progress in agricultural trade between the two nations and a positive step towards meeting trade agreements.
