Economics

America’s Own Numbers Cast Doubt on Trump’s China Farm Deal

  • USDA sees $3.9 billion in added China purchases by Sept. 30
  • Beijing pledged a $12.5 billion gain for 2020 in trade deal
Photographer: Daniel Acker/Bloomberg
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It’s either going to be a boom fourth quarter for U.S. farmers, or that extra $12.5 billion in American agriculture purchases promised by China for this year isn’t happening.