“Over the past week, 145,000 tons of corn and soybeans were released, worth about $70 million,” he said.
China bought at least 500,000 tonnes of U.S. soybeans in its first major purchase of the oilseed.
A burst of US exports of soybeans, commercial aircraft and other goods drove the American trade gap to its lowest level in 18 months in May.
This was considered a sign that the brewing trade war between the world's two biggest economies was averted for the time being.
A U.S. trade delegation arrived in China on Thursday for talks on tariffs.
The trade fight between U.S. and China has left Latin America in the middle, analyzing risks and opportunities.
he response by China’s commerce ministry to the latest U.S trade measures is too weak, and should target U.S. soybeans, former Chinese finance minister said.