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Trump said China did not buy US agricultural products amid trade talks



A farmer fills seed planters with soybean seed in Gideon, Missouri.

Shannon Stapleton | Reuters

China does not buy US crops because the two largest economies in the world end to end their trade war, President Donald Trump said Thursday.

The president declared that Beijing "abandons us" by not buying American agricultural products "that they say they want." Growth can be painful for efforts to get in the trade agreement, as the US officials said that they expect to buy China crops as part of ongoing conversation.

"Hope they'll start soon!" Trump said.

Washington and Beijing returned to trade talks over the weeks after the discussions fell in May. At the time the agreement was broken, Trump accused China of backing up major assignments.

Market watch marketers followed the battle between the U.S. and China nearby. A long trading war can harm not only American businesses but also the global economy.

After Trump and China's Chinese President Xi Jinping met at the G-20 summit in Japan last month, the parties agreed to move forward with talks and hold on to impose new tariffs. But the U.S. president left the meeting hoping that China would buy American crops.

"We are in charge of the tariffs, and they are going to buy a farm product," he said.

Higher agricultural purchases serve more than one purpose for Trump. He has long been persuading the U.S. to reduce its trade deficit in China. Trump also helps farmers in major electoral states have been punished recently by floods, low prices of crop and trade conflicts in Beijing.

On Tuesday, Trump's leading economic adviser Larry Kudlow told the White House that "it is very, very important" for China to buy farm products as trade talks continue.

The US has put tariffs at $ 250 billion in Chinese goods. China has slashed in $ 1

10 billion in American products.

After trade breaks in May, both Washington and Beijing have increased prices for some of the existing tariffs.

WATCH: How trade warage affects the US pig industry


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