After a meeting between President Donald Trump and China's President Xi Jinping, the United States is set to make an announcement that will be hailed as a triumph for U.S. farmers.

Treasury Secretary Scott Bessent emphasized that the announcement would mark a considerable victory, especially given the recent halt in China's procurement of American soybeans.

Bessent previously indicated that China was likely to restart substantial soybean imports from the U.S., a development much anticipated by the agricultural sector.

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