US President Donald Trump states that China does not live up to its promises to purchase agricultural products from American farmers. He said that Beijing is causing a disappointment.

“Mexico is doing well at the border, but China is disappointing us by not buying products from our great farmers as they said they will. Hopefully they will start soon,” Trump said on Twitter.

China and the United States recently concluded a ceasefire in the ongoing trade conflict between the two economic superpowers. One of the agreements was that China would buy agricultural products from the US, Trump had said then.

Incidentally, it is not exactly clear what Trump and his Chinese colleague Xi Jinping had agreed at the G20 summit in Japan for a ceasefire in the trade dispute. Trump stated that trade negotiations would resume and that there would be no new import tariffs on Chinese products. He also announced that the blockade of the Chinese telecom giant Huawei will be lifted for the time being.

China media reported that, when meeting with Xi, Trump had only expressed the hope that China would be buying American agricultural products on a large scale as part of the ceasefire.

In the financial markets, Trump’s tweet was reacted with some shock. The stock exchanges in New York surrendered part of the earlier gains, although prices later rebounded.

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