Here Comes The Funny Math: Why There’s No Way China Can Boost US Farm Purchases From $20 Billion To $50 Billion

U.S. exports of agricultural products to China totaled $20 billion in 2017, so if China wants to buy another $30 billion, then China would more than double its intake of American farm goods. Unless China means they will hit $30 billion total, which does not seem to be the case, then there is no way China imports an additional $30 billion….