CHICAGO—China on Dec. 12 bought at least 551,000 tons of U.S. soybeans in its first major purchase of the oilseed since U.S. President Donald Trump and Chinese leader Xi Jinping struck a trade war truce earlier this month, traders said.
The sales are one of the clearest signs yet that a bitter trade fight between the world’s two largest economies is thawing following the meeting of the countries’ leaders at the Group of 20 industrialized nations gathering in Argentina.
