Soybeans on steroids: Trump’s grand bargain with China?

Donald Trump’s return to the White House is expected to heighten tensions with China, given his past adversarial stance and inclusion of China hawks in his cabinet. However, Trump’s transactional approach to diplomacy could lead to a surprise deal with Xi Jinping, potentially centered on agricultural products like soybeans. This “soybeans on steroids” scenario could offer short-term economic relief but risks alienating U.S. allies in Asia and emboldening Beijing’s regional ambitions, highlighting the unpredictable nature of Trump’s leadership.

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