Soya is delayed, overlap with the US government after seven years of closure, Trump urgently sent a message on social media, said at the end of the month at the APEC summit, with the Chinese side to talk well, this Chinese response is interesting, it is worth worrying that in this critical moment, Putin changed his mouth, said not against the dollar, Russia will retreat?

Talk to China at the end of the month.

During the soybean harvest season, American farmers complain bitterly. The core reason is that China, the largest buyer of soybeans, has not placed any orders with American soybean farmers this year.

Two-thirds of China's soybean imports last year came from the United States, with imports of more than $12 billion, which accounts for more than half of the total US soybean exports.

But as of last month's 18th, Chinese companies' soybeans orders were still zero, and in the face of this situation, U.S. soybeans collectively pressured the Trump administration to write a complaint letter to the White House, and directly stated that China's failure to buy was the culprit of tariffs.

For Trump, this is not only an economic account, but also a political account.

The U.S. agricultural practitioners, especially those involved in the soybean industry, have always been the core source of votes and strong supporters in the Trump political support system. If Trump fails to effectively defend the interests of this key group, his political credibility will be severely impacted and tested.

Therefore, Trump issued an urgent document saying that he would have a good talk with China.

He originally stated: "At present, American soybean growers are facing losses, and China's move is only to suspend the purchase of American soybeans for negotiation considerations... I plan to meet with Chinese representatives in four weeks, when the soybean issue will become the focus of consultation between the two sides."

But for this news, China has not yet officially announced, which means that so far, it is only Trump's unilateral announcement.

In fact, China had long anticipated this situation, and recently, China imported 14 million tons of soybeans in a month, the second highest in soybean imports in history.

In other words, China has predicted that the Trump administration may hold consultations on soybean trade issues and has formulated a response plan for possible negotiation deadlock: by increasing strategic grain reserves in advance, it is fully prepared for a potential long-term trade game.

As an important food crop, soybean has sufficient flexibility and choice in procurement in China, and there is no shortage of channels or suppliers. This year, soybean exports from Brazil and Argentina have increased significantly. Affected by China's tariffs on U.S. soybeans, soybeans from these countries are more competitive in price than those from the United States.

Putin changed his mouth

In this case, the Trump administration behaved more and more urgently, while China has alwaysined a stable stance, but at a critical moment, Putin issued such a statement, Putin directly said that Russia did not pursue a "dollarization" policy, or organize related actions, Russia is simply "stopped from using the dollar internationally".

This means that Russia is currently in an urgent need to lift its restrictions on the US dollar or the euro, despite the fact that the proportion of domestic currencies used in trade between Russia and China is currently very high.

According to Russian data, this ratio has exceeded 90%. However, Russia's trading partners are not limited to China. In trade with CIS countries, Russia can still use the ruble for settlement; but in trade with non-CIS countries, local currency settlement faces many challenges and inconveniences.

In addition, after the "Trp Conference" was held, it was almost useless to resolve the Russia-Ukraine conflict. US-Russia relations are currently in a stalemate. Trump has repeatedly expressed his disappointment and dissatisfaction with Putin in public. Putin, on the other hand, adopted a limited goodwill gesture and cautiously released more bargaining chips to test the Trump administration's response.

On the 22nd of last month, Putin suddenly announced at the executive meeting of the Security Council of the Russian Federation that in order to avoid triggering a new round of strategic arms race, Russia will continue to abide by the provisions of the New Strategic Arms Reduction Treaty within one year after it expires in February next year.

The New Treaty on the Reduction of Strategic Weapons is a bilateral arms control agreement signed by the United States and Russia in 2010 aimed at limiting and reducing the number of strategic nuclear weapons of the two sides.But objectively, even if the United States chooses not to comply with the treaty, it will be difficult for Russia at this stage to massively expand its strategic weapons, which is limited by both technical capabilities and the difficulties of funding.

Apparently, Putin still holds a firm stance on the Ukrainian issue and is reluctant to make concessions. On this basis, he is actively seeking conditions that could impact the Trump administration, in order to promote the negotiation process between the US and Russia at the lowest cost. Including Putin's insistence that "Russia does not pursue a de-dollarization policy".

For China, it still needs to be more careful. After all, the international situation is changing rapidly.# MCN Dual Volume Advanced Plan #

Source of information: "Can't sell it, can't sell it at all! In the United States,"cheap beans hurt farmers", congressmen shouted: Save farmers, we are losing the market we have worked hard to develop for decades "Daily Economic News