China has committed to buying more U.S. soybeans, a good sign of progress on trade talks between the nations, according to Agriculture Secretary Sonny Perdue.
“In Oval Office meeting today, the Chinese committed to buy an additional 10 million metric tons of U.S. soybeans,” Perdue said in a tweet Friday. “Strategy is working. Show of good faith by the Chinese. Also indications of more good news to come.”