Since 2018, China has been actively changing the structure of food imports, which significantly affects its trade relations with the United States. Against the background of the risks of a trade war, which were outlined by both Donald Trump and Kamala Harris in the election programs, China is striving to strengthen food security and reduce dependence on American suppliers. The world's largest importer of soybeans and corn has shifted to other markets: Brazil, Argentina, Ukraine and Australia. In response to the Trump administration's tariffs, Beijing imposed duties on a number of American goods: soybeans, beef, pork, wheat and corn. This has led to significant changes in the global trade flows of agricultural products. Despite an early agreement between Trump and Chinese Vice Premier Liu to increase China's purchases of American goods (including agricultural), Beijing continued to reduce purchases from the United States. Experts note China's confidence in its food security. This confidence is associated with a decrease in dependence on imports of agricultural products from the United States, which weakens the latter's influence as a tool of pressure on China.
SZYBKIE LINKI
ForexMart is authorized and regulated in various jurisdictions.
(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines
Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.
Skontaktuj się z ForexMart 
