China agrees to purchase 25 million metric tons of U.S. soybeans annually, treasury secretary says
October 30, 2025
Treasury Secretary Scott Bessent says China has agreed to purchase 25 million metric tons of U.S. soybeans annually as part of an agreement reached by its leaders. He said Thursday that China will start by purchasing 12 million metric tons of soybeans from the U.S. between now and January. On Fox Business Network, the secretary said the agreement lasts for three years.