China confirms it is suspending agricultural product purchases in response to Trump’s new tariffs
China confirmed reports that it was pulling out of U.S. agriculture as a weapon in the ongoing trade war.
China is one of the largest buyer of U.S. agriculture. Bloomberg News reported that Beijing may stop importing them completely in response to new tariffs by the United States. According to reports by Chinese State media, it may also slap tariffs on U.S. agricultural products that it already bought.