
China's new tariffs on US agricultural goods will hit US soybeans hardest, with a 10% duty on a trade worth just under $13 billion last year. The list covers a broad range of US farm products.
The tariff cuts Chinese demand for US soybeans, a key export, pressuring US soybean and meal prices and redirecting flows to Brazil.
After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.
After 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.