China puts US soy buying on hold as tariff war escalates(Source South China Morning Post)
US agriculture secretary said in February that China had pledged to buy an additional 10 million tonnes of American soy; orders have since stopped
Previous purchases of US soybeans will not be cancelled, however
China, the world’s largest soybean buyer, has put purchases of American supplies on hold after the trade war between Washington and Beijing escalated, according to people familiar with the matter.
State-grain buyers have not received any further orders to continue with the so-called goodwill buying and do not expect that to happen given the lack of agreement in trade negotiations, said the people, who asked not to be named because the information is private.