China traders, farmers shrug off risk of US soybeans tariff
Story Date: 4/13/2018

 

Source: WINSTON-SALEM JOURNAL 4/12/18

Chinese soybean farmers, importers and processers say they are unconcerned about potential Chinese tariffs on American soybeans in an escalating dispute with the administration of President Donald Trump over trade and technology. Chinese soy growers at an industry expo in Shanghai this week were cheering the proposed 25 percent Chinese tariff on American soybeans announced last week that could slash U.S. soy exports by 70 percent.

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