President Donald Trump announced Tuesday that he is postponing his long-anticipated trip to China by “five or six weeks,” citing the ongoing war with Iran as the reason for the delay. The summit, originally scheduled for late March, has been pushed back as the administration focuses on addressing escalating tensions in the Middle East.
JUST IN: WASHINGTON (AP) - Trump says he is delaying his trip to China until later next month as he focuses on the war in Iran.
— AgDay TV (@AgDayTV) March 17, 2026
“We’re resetting the meeting, and it looks like it’ll take place in about five weeks,” Trump told reporters, adding that China “were fine with it.”
The president had requested the delay during a Monday meeting in the Oval Office with Irish Prime Minister Micheál Martin, emphasizing the conflict requires his attention in Washington.
Trump on his visit to China:
— Clash Report (@clashreport) March 16, 2026
Because of the war, I want to be here. I feel I have to be here.
And so we’ve requested that we delay it a month or so. pic.twitter.com/LYtj1V00aP
When asked if he still planned to travel to Beijing later this month, Trump said: “I don’t know. We’re working on it right now. We’re speaking to China. I’d love to, but because of the war, I want to be here, I have to be here, I feel. We’ve requested we delay it a month or so ... I’m looking forward to being with them. We have a very good relationship ... there’s no tricks to it either. It’s not like ‘Oh gee, I’m waiting.’ It’s very simple: We have a war going on. I think it’s important I be here.”
Soybeans Saw Limit-Down Day For First Time in 17 Years
While soybeans were in the green on Tuesday, the news was enough to spark a sell-off in soybeans — closing down 70¢ on Monday. According to Ag Trader Talk’s Garrett Toay, soybeans closing in a limit-down move hadn’t happened in 17 years — since January 2009.
Leading up to Trump’s remarks on Monday, there was hope the planned meeting would secure China’s commitment to buy more soybeans.
The postponement comes as Trump intensifies efforts to assemble an international coalition to secure shipping through the Strait of Hormuz, a key passage for global oil flows that has been threatened by Iranian activity. The administration is urging allies to provide naval support to ensure the safe transit of tankers, highlighting the importance of energy market stability.
However, Trump’s call for international cooperation has been met with resistance. Germany, Japan, Italy and Australia have declined to participate, while the United Kingdom and other nations are signaling caution about becoming involved in a broader conflict. Trump criticized this reluctance as a test of allied commitment after decades of U.S. security guarantees.
China, a major consumer of Middle Eastern oil, has been a particular focus of Trump’s outreach. In a recent interview with the Financial Times, the president said Beijing should help restart tanker traffic through the Strait following disruptions caused by Iran. While U.S.-China relations remain tense after a year of tariff threats, Chinese officials have maintained only cautious communication about the postponed visit. Spokesperson Lin Jian stated Monday that China and the U.S. “are maintaining communication regarding President Trump’s visit to China,” without addressing the Strait of Hormuz issue.
For farmers and agribusinesses, the delay carries tangible implications. Not only did the news impact soybean prices this week, but rising fuel and fertilizer costs, along with disruptions to global trade, could impact the export of U.S. crops — creating deeper uncertainty.
China Signals Potential Boost in U.S. Ag Purchases
Amid the postponement of the Trump-Xi summit, China is reportedly signaling openness to buying more American farm products, even as broader geopolitical tensions remain high. Sources say officials tied to Presidents Trump and Xi held what they described as “remarkably stable” talks over the weekend in Paris, with agriculture emerging as a key topic.
China is reportedly considering increasing purchases of U.S. goods such as beef, poultry and other crops, while remaining committed to major soybean imports in the years ahead. Cotton responded positively to that news, posting new contract highs.
However, uncertainty still clouds the outlook. Ongoing conflicts in the Middle East, coupled with lingering trade disputes between Washington and Beijing, could complicate progress on large-scale deals.
Soybeans remain a focal point, with questions about the timing of renewed, large-scale buying. Markets are watching closely, and any headline developments in U.S.-China agricultural trade could trigger significant price volatility.
Soybeans as a “Trade Token”?
Brian Grete of Comstock Investments offered perspective on the China-U.S. soybean dynamic, noting short-term market moves may not reflect the long-term picture. Just last week, soybean prices were fueled by news Brazil was slowing shipments of soybeans to China and warned the situation may be overbought.
“Longer term, I don’t think that slowing down Brazilian shipments is bullish,” Grete says. “They have a record crop, about 180 million tons, give or take, and that supply will eventually reach the global market, with China as the biggest buyer. Ride the wave while you can and make some sales as prices rise, because when it crashes, it may crash hard.”
On China’s potential buying of U.S. soybeans, Grete emphasizes politics may outweigh economics.
“This was a request from China’s agriculture ministry to Brazil’s ag ministry to increase phytosanitary requirements,” he explains. “China is trying to slow down Brazilian bean shipments. People say it doesn’t make sense for China to buy U.S. beans economically. But honestly, soybeans mean more politically for President Trump than for China. China will use soybeans as a trade token.”