China says it doesn't need US grains and oilseeds.
Going to Brazil and Argentina instead:
"The US’s share of China’s food imports collapsed to 13.5 per cent in 2023 from 20.7 per cent in 2016, while Brazil’s grew from 17.2 per cent to 25.2 per cent in the same period."
https://www.ft.com/content/f84a9462-d086-4458-8bd1-17a0aee1e64a
Going to Brazil and Argentina instead:
"The US’s share of China’s food imports collapsed to 13.5 per cent in 2023 from 20.7 per cent in 2016, while Brazil’s grew from 17.2 per cent to 25.2 per cent in the same period."
https://www.ft.com/content/f84a9462-d086-4458-8bd1-17a0aee1e64a
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