BEIJING: Following the Xi-Trump rendezvous last week, Chinese buyers have commenced importing US farm products, sources have informed here on Thursday (6th November, 2025).
According to details 2 cargoes of US wheat have been booked by Chinese traders. A concerned US official further informed that Chinese buyers were about to receive a shipment of sorghum exported from USA.
US informed that China had pledged to purchase twelve million tons of soybean in the remaining days of 2025. It is pertinent to mention here that China had suspended retaliatory tariffs on commodities (including farm goods) exported from US.
China has confirmed on Wednesday (5th Nov, 2025), it was suspending the additional levies of 24% for 12 months, while maintaining the 10% tariff imposed on American goods.
The Tariff Commission of State Council has further proclaimed that the (upto) 15% tariff China had imposed on a number of agricultural commodities, imported from USA, would also be removed.
Nevertheless, Chinese buyers of soybeans still face 13% tariff, in addition to the preexisting three percent. According to traders that makes US shipments of the commodity more expensive than Brazilian ones.
Indian Prime Minister Narendra Modi, while visiting China for the first time in seven years, met the host of 2-day Shanghai Cooperation Organisation (SCO) summit President Xi Jinping on the sidelines here on 30th August.
The duo (representing 2.8 billion people) maintained that there was now deepening trust between the two countries. While, Modi (whose country had been slapped on 27th August by Trumpian Tariffs) said that there was now an atmosphere of peace and stability between China and India, Xi held that they should be partners, not rivals. Xi stated in his opening remarks: “The world today is swept by once-in-a-century transformations…
“The international situation is both fluid and chaotic…It is the right choice for both sides to be friends who have good neighbourly and amicable ties, partners who enable each other’s success, and to have the dragon and the elephant dance together…As long as they adhere to the overall direction of being partners rather than rivals … China-India relations can maintain stability and move forward over the long run.”
Meanwhile, Beijing has also unfurled red carpet for Russian President Vladimir Putin at Shanghai Cooperation Organisation summit, that is being attended by twenty countries who are pondering over regional security and trade issues against the backdrop of Trumpian Tariffs.
PS: SCO harbors ten member states (Belarus, China, India, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan, Uzbekistan); two observer states (Afghanistan, Mongolia); fourteen dialogue partners (Armenia, Azerbaijan, Bahrain, Cambodia, Egypt, Kuwait, Maldives, Myanmar, Nepal, Qatar, Saudi Arabia, Sri Lanka, Turkiye, United Arab Emirates); four guest attendees (ASEAN, CIS, Turkmenistan, UN).
Newspakistan.tv
