A US Department of Agriculture (USDA) Undersecretary for Trade Ted McKinney said late-Thursday, via Reuters, China purchased about only half the US soybeans it pledged to buy earlier this year after a small sale was reported amid escalating US-China trade war. McKinney noted: “Very publicly in the Oval Office, they made commitments for 20 million metric tons of purchases, and only about 9 or 10 (million tonnes) have been shipped and accepted.” This may not go down well with the US President Trump, as he has accused the country on several occasions of not following through on promises to buy more US agricultural products. Therefore, a re-escalation in the US-China trade tensions could be seen if the US President expresses his displeasure about the same. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next India Q1 GDP growth seen rising to 6% – Capital Economics FX Street 4 years A US Department of Agriculture (USDA) Undersecretary for Trade Ted McKinney said late-Thursday, via Reuters, China purchased about only half the US soybeans it pledged to buy earlier this year after a small sale was reported amid escalating US-China trade war. McKinney noted: "Very publicly in the Oval Office, they made commitments for 20 million metric tons of purchases, and only about 9 or 10 (million tonnes) have been shipped and accepted." This may not go down well with the US President Trump, as he has accused the country on several occasions of not following through on promises to buy… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
