Washington, March 27 (NationPress) On Friday, Donald Trump announced a significant increase in U.S. agricultural exports, focusing on a remarkable rise in soybean deliveries to China and enhanced global market access as a result of his administration's trade initiatives.

During an event at the White House with farmers, Trump asserted that American agricultural exports have strengthened due to new trade agreements, with China becoming a pivotal buyer.

“Thanks to our trade agreements, you are now exporting over $40 billion in American soybeans to China,” he stated, noting that shipments are occurring “in record amounts.”

Trump emphasized that this surge was due to direct discussions with Chinese leadership. “I asked, could you increase it to 40 instead of 20? And he agreed,” Trump said, referring to Chinese President Xi Jinping.

In addition to China, Trump mentioned that U.S. agricultural products were gaining broader access across various regions. “We have expanded markets for American beef, dairy products, and biofuels throughout Asia, Europe, and South America as never before,” he highlighted.

He characterized these advancements as part of a larger transformation in trade policy that favors American farmers. “Farmers frequently visit my office, and their request is simple: please provide us with a level playing field,” Trump remarked, adding that his administration had achieved “far better than just a level playing field.”

The President also pointed to domestic economic indicators to bolster his claims. “In my first year back in the White House, farm income surged by 20 percent,” he noted, attributing this increase to trade benefits and policy reforms.

Trump contrasted his methods with those of the previous administration, asserting, “Not a single trade deal was established on your behalf during the Biden administration.” He expressed that farmers had been “treated very poorly” during that time.

These comments came as Trump reiterated his support for additional farm assistance and urged Congress to approve a new farm bill. He mentioned that his administration had already allocated “$12 billion in farm relief” to counteract losses from unfair trade practices.

Farmers present at the event echoed their support for the trade and policy initiatives. Joel Viereck, a vegetable farmer from New Jersey, stated, “We are grateful for the bridge payments, your trade policy, and everything. It's going to help bolster our efforts.”

Trump also connected trade policy with domestic price reductions, asserting that increased exports and production were contributing to lower food costs. “The prices of cheese, butter, potatoes, and fruit... are now lower than when I took office,” he commented.

The United States and China continue to be among the world’s largest agricultural trading partners, with soybeans playing a crucial role in their bilateral trade.

Changes in U.S. export volumes can significantly impact global prices and supply chains, which could affect major producers, including India.