Biden Implications to Phase One At this juncture, China needs soybeans, corn and other products, and the U.S. is currently the lowest cost supplier of some agricultural commodities. However, one question is how faithful will China be to Phase One purchasing obligations when other suppliers become more competitive? How faithful will they be to an agreement forced upon them by Donald Trump if Joe Biden wins the election next month? Beijing purchased from South America when it was cheaper despite the Phase One agreement, and they could just rip up the agreement after 3 November. Or it could just be left as a relic and a reminder of another failure by Mr. Trump – an agreement as hollow for U.S. agriculture as the one he negotiated last y...