China agrees to purchase 25 million metric tons of U.S. soybeans annually, treasury secretary says

President Donald Trump, left, and Chinese President Xi Jinping, right, shake hands after their U.S.-China summit meeting at Gimhae International Airport Jinping in Busan, South Korea, Thursday, Oct. 30, 2025. (AP Photo/Mark Schiefelbein)

 MS

WASHINGTON (AP) — China has agreed to purchase 25 million metric tons of U.S. soybeans annually as part of an agreement reached by its leaders, Treasury Secretary Scott Bessent said Thursday.

Bessent said China will start by purchasing 12 million metric tons of soybeans from the U.S. between now and January.

The ºÃÉ«tv Press. All rights reserved.