The U.S. and China agreed to suspend tit-for-tat port fees on each other’s ships for one year as part of a trade-war truce reached Thursday by President Trump and Chinese leader Xi Jinping. Washington

Washington and Beijing will work together to seek an end to Russia's war in Ukraine, US President Donald Trump said after meeting Chinese President Xi Jinping in South Korea on Thursday. "We talked about it for a long time,

American farmers welcomed China’s promise to buy some of their soybeans, but they cautioned this won’t solve all their problems as they continue to deal with soaring prices for fertilizer, tractors, repair parts and seeds.

Trump claimed the meeting was “amazing” and a “12” on a scale of 1-10, but experts have said Xi successfully leveraged China’s rare earths advantage.

"China, which takes more than 60% of world soybean imports, has nearly completed booking cargoes from Brazil and Argentina through November, with limited purchases expected for December and January ahead of the Brazilian harvest.

President Trump will meet with Chinese President Xi on Thursday in an attempt to stop the trade war from escalating. Also, Trump terminated trade talks with Canada again after a TV ad played an audio of former President Ronald Reagan criticizing tariffs.

A new report has found that price hikes in May and April went beyond what the announced tariffs could reasonably explain.

China promises to buy millions of tons of U.S. soybeans, buoying producers in No. 2 soybean-growing state Iowa