Exclusive: Trump says China buying \'tremendous amount\' of U.S. soybeans

Exclusive: Trump says China buying 'tremendous amount' of U.S. soybeans

Reuters  |  WASHINGTON 

(Reuters) - U.S. said on Tuesday that was buying a "tremendous amount" of U.S. soybeans and that trade talks with were already underway by telephone, with more meetings likely among U.S. and Chinese officials.

Trump told in an interview that the was "back in the market" to buy soybeans after a Dec. 1 truce in the U.S.-trade war. But traders in said they have seen no evidence of a resumption of such purchases following China's imposition of a 25-percent tariff on U.S. soybeans in July.

"I just heard today that they're buying tremendous amounts of soybeans. They are starting, just starting now," Trump told in an interview.

(Reporting by David Lawder; Editing by Sandra Maler)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, December 12 2018. 06:12 IST