Chinese Govt officials asks major agricultural firms to pause purchases of US farm goods – Bloomberg

Citing people familiar with the situation, Bloomberg reports that the Chinese government officials have told major state-run agricultural firms to pause purchases of some American farm goods, including soybeans, as Beijing looks to evaluate the recent escalation in tensions between the US and China.

The sources said: “Chinese buyers are also said to have cancelled an unspecified number of US pork orders, although private companies have not been told to halt imports yet.”