# Can the phase one deal shield U.S. farmers from tariff retaliation?  | Agri-Pulse Communications, Inc.

> Trump's pick for Treasury secretary, Scott Bessent, said he would push to enforce China's purchase commitments under the 2020 phase one deal if confirmed. The deal committed China to buying more US farm goods over two years, and Beijing fell well short. Senator Roger Marshall said the approach could be feasible.

- Date: 2025-01-22 · published 2025-01-22T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/14690-can-the-phase-one-deal-shield-u-s-farmers-from-tariff-retaliation-agri-pulse
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Enforcing purchase guarantees could support Chinese demand for US soybeans and corn if new tariffs are imposed. The idea remains speculative without a new agreement, so the price effect is uncertain.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-06-11 | [U.S.-China tariff détente holds as officials eye more ag purchases \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14658-u-s-china-tariff-detente-holds-as-officials-eye-more-ag-purchases-agri-pulse.md) | +1.5% | -4.3% |
| SOY | 2022-06-08 | [Yellen critical of US tariffs on China \| 2022-06-08 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14923-yellen-critical-of-us-tariffs-on-china-2022-06-08-agri-pulse-communications-inc.md) | -1.7% | -7.9% |
| SOY | 2020-02-25 | [US: China lifts some trade barriers in phase one \| 2020-02-25  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/54479-us-china-lifts-some-trade-barriers-in-phase-one-2020-02-25-agri-pulse.md) | +1.9% | +1.1% |
| SOY | 2020-01-15 | [China deal to open flood gates for US ag trade \| 2020-01-15  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/55159-china-deal-to-open-flood-gates-for-us-ag-trade-2020-01-15-agri-pulse.md) | -1.6% | -3.9% |
| SOY | 2020-07-22 | [China ramps up US soy purchases on good prices \| 2020-07-22  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/52160-china-ramps-up-us-soy-purchases-on-good-prices-2020-07-22-agri-pulse.md) | +0.0% | +1.7% |
| CORN | 2025-06-11 | [U.S.-China tariff détente holds as officials eye more ag purchases \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14658-u-s-china-tariff-detente-holds-as-officials-eye-more-ag-purchases-agri-pulse.md) | -0.5% | -4.1% |
| CORN | 2022-06-08 | [Yellen critical of US tariffs on China \| 2022-06-08 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14923-yellen-critical-of-us-tariffs-on-china-2022-06-08-agri-pulse-communications-inc.md) | -1.5% | -0.6% |
| CORN | 2020-02-25 | [US: China lifts some trade barriers in phase one \| 2020-02-25  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/54479-us-china-lifts-some-trade-barriers-in-phase-one-2020-02-25-agri-pulse.md) | +0.4% | -4.8% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/22223-can-the-phase-one-deal-shield-us-farmers-from-tariff-retaliation

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.