Loading…
China said imports of US-grown chicken, wheat, corn and cotton will face an extra 15% tariff. Tariffs on sorghum, soybeans, pork, beef, seafood, fruit, vegetables and dairy will rise by 10%.
The increases form part of Beijing's retaliation against US tariffs.
Higher Chinese duties on US feed grains and oilseeds cut US export competitiveness and shift Chinese purchases to other origins. This weighs on US corn, soybean and sorghum prices.
apnews.comThe Associated PressMar 4, 2025After 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 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% over 20.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
