China Considers Spending $30 Billion More in US Agriculture Purchases According to 'Bloomberg,' China is to propose buying the additional produce as part of a possible trade deal. The offer would be included in <br />the memoranda of understanding <br />between the two countries. Sonny Perdue, U.S. Agriculture Secretary, via 'Bloomberg' Officials are also <br />reportedly discussing <br />removing certain tariffs. Arlan Suderman, chief commodities economist at INTL FCStone, via 'Bloomberg' China imported $24.2 billion <br />worth of U.S. agricultural products in 2017, <br />compared to $16 billion in 2018 due to tariffs. December's tariff truce has helped to resume some imports, but if a deal can't be reached, China will <br />likely buy from Brazil and Argentina. According to USDA Chief Economist Robert Johansson,
