Japan weighs buying more US soybeans as part of tariff deal

American farmers in a bind after China slashes purchases

20250424N soybeans

More than half of U.S. soybean exports went to China in 2023. © Reuters

KYOKO TAMADA

TOKYO -- Japan is considering an increase in imports of American soybeans to help the U.S. offset a loss of exports to China, Nikkei has learned, as Tokyo seeks to coax the Trump administration into dropping its tariffs.

Ryosei Akazawa, Japan's lead negotiator in the tariff talks, will visit the U.S. from April 30 to May 2 and meet with U.S. Treasury Secretary Scott Bessent and other Trump administration officials.

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