BUSINESSFLORIDA PHOENIX
Trump struck a deal for China to buy $17B a year in US ag products. Farmers are skeptical.
The White House claims China agreed to buy at least $17 billion in additional U.S. agricultural products annually for three years, but Beijing has not confirmed the commitment. U.S. farmers remain skeptical due to past trade disruptions, including tariffs that reduced their market share. The deal, if fulfilled, could raise U.S. farm exports to China to $28–30 billion annually, though this would still be below pre-tariff levels.
Mentioned