Trump's hailing of $50 billion in Chinese farm purchases seen as 'meaningless'

China is still a long way from forking out $50 billion for farm goods from the United States, agriculture industry analysts said on Monday, cautioning that getting there is contingent on removing substantial technical and political hurdles. Outlining the first phase of a deal to end a trade war with China, U.S. President Donald Trump on Friday lauded his counterparts for agreeing to make purchases of $40 billion to $50 billion in U.S. agricultural goods.