China was routinely purchasing more than $20 billion worth of U.S. agricultural products a year before the trade war became heated last year, including a record $25.9 billion in purchases in 2012, according to U.S. Agriculture Department data. But sales to China tumbled to less than $10 billion last year and remain on track for a similar slump this year. Thank you China!” Trump tweeted Saturday. Exports of soybeans to China were typically above $12 billion a year before the trade war, but that cratered to barely over $3 billion last year. “But I doubt China will all of a sudden import $14 billion a year of pork.

Source: Washington Post October 17, 2019 18:43 UTC