Treasury Secretary Scott Bessent said last week that under the terms of a new U.S.-China trade deal, Beijing has pledged to continue buying soybeans in similar volumes to recent years. Meanwhile, Agriculture Secretary Brooke Rollins touted tariff reductions on U.S. commodities and opportunities for sorghum and hardwood.
President Donald Trump listed rare earths, fentanyl and soybeans as the U.S.’s top issues with China just before the two sides return to the negotiating table and as a fragile trade truce nears expiration.
Democratic VP Candidate Tim Walz as an elected House member represented a Minnesota farm community during his five terms in Congress. Here’s a 2016 Agri-Pulse interview with then Rep. Walz talking about the previous farm bill.
A special committee on China created in the Republican-controlled House will spend part of its time investigating Chinese investments in U.S. agriculture and the risk they could pose for food security.