Jul 28, 2018 - Economy & Business
EU undecided on amount of soy imports it's willing to take from U.S.
Despite President Trump's assertion this week that the European Union is "going to start, almost immediately, to buy a lot of soybeans," questions remain about exactly how much soy Europe will be purchasing, Reuters reports.
Why it matters: Soybeans have been a primary area of concern over Trump's escalating trade war, which seemed to calm this week when he struck a deal with European Commission president Jean-Claude Juncker to continue negotiations. German Agriculture Minister Julia Kloeckner said, per Reuters, that the quantity of soy imports to Europe hasn't yet been decided.