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    China will make ‘substantial’ purchases of U.S. soybeans and should avoid an extra 100% tariff, Bessent says

    China will make ‘substantial’ purchases of U.S. soybeans and should avoid an extra 100% tariff, Bessent says

    “So I would expect that the threat of the 100% has gone away, as has the threat of the immediate imposition of the Chinese initiating a worldwide export control regime.”

    October 26, 2025

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