The Latest: China agrees to buy 25M metric tons of US soybeans each year, treasury secretary says

The Latest: China agrees to buy 25M metric tons of US soybeans each year, treasury secretary says Updated 18 mins ago 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. Bessent said China will start by purchasing 12 million metric tons of soybeans from the U.S. between now and January. President Donald Trump met with Chinese leader Xi Jinping on Thursday, the final day of a trip to Asia that was an opportunity for the leaders of the world’s two largest economies to stabilize relations after months of turmoil over trade issues.