Analytical Reviews

Bekommen Sie die neuesten wirtschaftlichen Nachrichten von ForexMart, einschließlich Updates aus Finanzmarkt, Zentralbankpolitiksankündigungen, finanzielle Indikatoren und andere relevante Nachrichten, die die Branche beeinflussen können.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

China strengthens food security by reducing imports from the United States


November, 01 2024
watermark Economic news

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.


hinterlassen

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.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.