CNBC's Eunice Yoon joins 'Squawk Box' with the latest news.
Breakdown
- Trade tensions between the U.S. and China have eased, but American farmers are still affected by the dispute.
- Illinois soybean farmer Scott Gaffner traveled to Shanghai with a U.S. delegation to promote soybean exports amid stalled sales. 29s
- The White House announced China will buy 12 million metric tons of soybeans by year-end and 25 million annually for the next three years, but China has not confirmed these numbers. 1m 29s
- China maintains a 13% tariff on U.S. soybeans, making them more expensive than those from other countries, despite lifting some other agricultural tariffs. 2m 15s
- Both countries have taken steps to reduce trade tensions, but fundamental issues in the U.S.-China relationship remain unresolved. 2m 47s