US Treasury Secretary Bessent says China buying more soybeans isn't required; China's President Xi and US President Trump could meet four times this year
This headline signals a nuanced development in US-China trade relations, particularly in agriculture, where Secretary Bessent suggests that increased soybean purchases from China may not be necessary.
US sells USD 21bln of 10yr TIPS; tails 2bps
Tesla (TSLA) CEO Musk says just started Tesla Robotaxi drives in Austin
US Treasury Secretary Bessent says China buying more soybeans isn't required; China's President Xi and US President Trump could meet four times this year
Tesla watcher Sawyer Merritt posts on X "Tesla (TSLA) has officially started FSD Unsupervised Robotaxi rides for the general public in Austin with no safety monitors in the Car, marking a historic milestone for the company"
JPMorgan (JPM) says "while we regret President Trump has sued us, we believe the suit has no merit"
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
The mention of potential meetings between Presidents Xi and Trump could indicate a shift toward dialogue, which might stabilize tensions but also poses the risk of further negotiations affecting agricultural markets significantly, especially if trade policies remain uncertain.
Related headlines
- US Commerce Dept. confirms illegal solar subsidies from India and Indonesia2 days ago
- US WASDE Report (endstocks, bushels): Soybean 310mln (exp. 299mln), Wheat 717mln (exp. 717mln), Corn 1.567bln (exp. 1.522bln), Cotton 3.6mln (exp. 3.9mln)2 days ago
- Trump removes 50% tariff on bulk Canadian whisky and liquers, effective September 15th2 days ago
- Canadian Trade Minister Leblanc says they remain optimistic that a USMCA renewal will happen2 days ago
- Coffee traders plan to deliver a large amount of Arabica Coffee to the ICE exchange to boost critically low exchange stocks, according to sources2 days ago
- Belarus President says they are selling potash to the US2 days ago
- A Houthi spokesperson says freedom of navigation and trade in the Red Sea and Bab al-Mandab has been guarenteed, IRNA reports2 days ago
- The Japanese Trade delegation is reportedly preparing a China visit in September, Kyodo reports2 days ago
- South Korea's PM Han says talks on strategic investment projects with the US are progressing, and that the government will ease regulations and improve conditions for foreign investment2 days ago
- Dutch Trade Balance (Jul) 10.91B (Prev. 11.65B)2 days ago
- PRE-MARKET CHINESE STOCKS NEWS: DeepSeek released its V4.1-Flash and said it outperforms its flagship V4-Pro2 days ago
- Canadian PM Carney says they latest US trade measures against Canada are modest, and reiterates that Canada is always ready to sit down and negotiate with the US2 days ago
- Canada's PM Carney says spoke to Trump in recent days3 days ago
- Houthi spokesperson says "regarding freedom of navigation and international trade in the Red Sea and Bab al-Mandab, these are safe and proceeding normally, and there is no need for any international concern"3 days ago
- Chairman of the Yemeni Leadership Council says Protecting the Yemeni coast is a Yemeni, Arab, and international interest; Attempts to change the military situation near Bab al-Mandab will extend to the Red Sea and the Suez Canal.3 days ago
- US PPI Ex Food, Energy and Trade (Aug YY) 4.7% (Prev. 4.7%)3 days ago
- US PPI Ex Food, Energy and Trade (Aug MM) 0.3% (Prev. 0.4%)3 days ago
- Yemeni army takes control of Zaqar Island in the international maritime trade waterway in the Red Sea, reports Al Alam citing sources3 days ago
- [MARKET ANALYSIS] Yields continue to climb as energy ascends, ECB and US PPI ahead3 days ago
- China is extending the anti-dumping probe into pecans from both Mexico and the US3 days ago
The whole workspace, free to try.
Try it free