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Trump Claims China Agreed to Buy US Oil and Soybeans After Tariff Tensions
International
Published on 15 May 2026
China’s pivot may be shrinking as US oil talks land
US President Donald Trump said after meeting Xi Jinping in Beijing that China wants to buy US oil and soybeans again, marking a possible reversal from the tariff-driven slowdown. Trump noted China had purchased only small amounts of US oil before the tariffs and that soybean imports had shifted toward Brazil. He also pressed for broader access for Visa to China’s credit card market during the talks, adding a financial-services angle to the claimed trade thaw.
- Trump said China agreed to buy US oil after meeting Xi
- Tariffs previously slowed China’s US oil purchases sharply
- China shifted soybeans purchases toward Brazil during downturn
- Trump raised Visa access while meeting Xi Jinping
- Claims were made in an interview with Fox News
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times