Taiwan Coast Guard Officer Finds Strength in Faith as China Increases Pressure in Taiwan Strait 
China Expands Export Controls, Adds 20 Japanese Companies to Restricted List 
Maria Corina Machado’s Return to Venezuela Faces U.S. Hesitation After Deadly Earthquakes 
Mexico, U.S. Launch Sterile Fly Facility to Combat New World Screwworm Outbreak 
Trump Urges Gasoline Retailers to Cut Prices to $2.50 Per Gallon, Warns of Legal Action 
Oil Prices Rise as US-Iran Tensions Threaten Strait of Hormuz Oil Shipments 
US Stock Futures Rise as US-Iran Ceasefire Hopes Boost Market Sentiment 
Ukraine Strikes Russian Titan-Barrikady Plant With Long-Range FP-5 Flamingo Missile 
Russian Attacks Kill Four in Ukraine as Zaporizhzhia and Kharkiv Come Under Fire 
Dollar Slips Ahead of Key U.S. Jobs Data as Fed Rate Outlook, ECB, and Iran Talks Shape Forex Markets 
Trump Threatens 100% Tariffs on Countries Imposing Digital Services Taxes on U.S. Tech Firms 
Supreme Court Backs Lisa Cook, Defends Federal Reserve Independence Against Trump Firing Attempt 
China Factory PMI Seen Returning to Growth in June as AI Export Demand Supports Economy 
Andy Burnham Sets Out Vision to Decentralize Britain as Labour Leadership Race Begins 
Sheinbaum Says No One Is Above the Law After Abuse Video of Ex-Pemex Chief Emerges 
Trump Signs Memorandum Backing Americans’ Right to Repair Their Own Vehicles 
The United States expects China to commit to purchasing “double-digit billions” worth of U.S. agricultural products following a high-level summit between President Donald Trump and Chinese President Xi Jinping in Beijing, according to U.S. Trade Representative Jamieson Greer.
Speaking in an interview with Bloomberg Television on Friday, Greer said Washington anticipates a major expansion in agricultural trade agreements over the next three years. He referenced the existing soybean agreement signed last October, which committed China to buying 25 million metric tons of soybeans annually.
Greer explained that the upcoming deal would go beyond soybeans and include a broader range of American agricultural exports. “That’s aggregate. That’s not just soybeans, that’s everything else,” he said, highlighting the U.S. government’s expectation of stronger agricultural trade ties with China.
Soybeans remain the largest U.S. agricultural export to China, which is the world’s biggest soybean importer. The commodity has long been central to trade negotiations between the two countries during both the first and second Trump administrations. Increased soybean exports are viewed as a key component in reducing trade tensions and supporting American farmers.
Before the Trump-Xi summit, market analysts did not expect Beijing to increase its soybean purchase target beyond the previously agreed 25 million tons. Expectations were further tempered after U.S. Treasury Secretary Scott Bessent stated on Thursday that the current agreement had already addressed the soybean issue.
However, Greer’s latest comments suggest that a broader agricultural trade package may soon emerge, potentially benefiting multiple sectors of the U.S. farming industry. Investors and agricultural markets are closely watching the negotiations, as any large-scale purchase commitments from China could significantly impact global commodity prices and strengthen U.S.-China trade relations in 2026.
