U.S. Soybeans A Big Loser Amid Rising Trade Tension
Source: SeekingAlpha
2025-03-06 13:55:00 ET
Summary
- US farmers have gotten caught up in trade tensions once again.
- While retaliatory tariffs from China have been relatively measured so far, there is room for escalation.
- Furthermore, broader trade tariffs mean it’s not just US flows to China at risk.
China targets US agricultural products
The Chinese government was quick to react to the US increasing tariffs on imports from China from 10% to 20%. China has decided to largely target the US agricultural industry by imposing additional tariffs ranging between 10-15%....
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U.S. Soybeans A Big Loser Amid Rising Trade Tension
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