Soybean prices reached a 15-month high Tuesday as the commodity, which makes up the U.S.’ largest agricultural export, is embroiled in the trade war between the U.S. and China that’s affecting American farmers. Soybean prices have risen more than 11% since July last year as the crop has become a major tool in U.S.-China trade negotiations.

Beijing and the Association of Southeast Asian Nations have signed an expanded free trade agreement as both sides face increased protectionism from the United States

Iowa Republicans are urging the Trump administration to move to restore access to foreign soybean markets amid a trade standoff with China.

By Anjana Anil and Pablo Sinha (Reuters) -Gold prices fell below $4,000 per ounce on Monday as signs of a thaw in U.S-China trade tensions reduced some of bullion's safe-haven appeal, while market participants awaited the Federal Reserve's interest rate decision this week.

Treasury Secretary Scott Bessent offered rough outlines of an agreement that include China easing rare earth export restrictions and buying “significant” amounts of U.S. soybeans in exchange for President Donald Trump removing his threat of adding 100% tariffs on China.

China's leaders are vowing to reduce its reliance on foreign advanced technology and spur stronger domestic demand as it weathers “high winds” amid elevated trade tensions with the U.S. An outline of the ruling Communist Party's blueprint for the next five years was laid out in a 5,

China pressed on Monday for stronger economic ties and more open trade at a regional summit in Malaysia dominated by the shadow of steep U. tariffs after proceedings attended by President Donald Trump.

S EVEN YEARS ago, when America’s trade war with China was just getting started, the Chinese science and technology ministry did something unusual. Its official newspaper, which usually confines itself to puff pieces about China’s accomplishments,