China doubles U.S. soybean imports after "phase one" trade deal announcement
Photo: Joe Raedle/Getty Images
Why it matters: Soybeans are China's largest U.S. import, but the country stopped purchasing them in the midst of a trade war spurred by U.S. tariffs. While specific details surrounding the "phase one" agreement have yet to be released, the portions unveiled earlier this month amount to little more than an agriculture purchase agreement, per Axios' Dan Primack.
Go deeper: China to cut import tariffs on 850 products