# China Isn't Sitting Around Waiting for Higher Tariffs

> China is reacting to expected higher U.S. tariffs by diversifying trade toward BRICS partners, especially Brazil. Trump has threatened 60% tariffs on Chinese goods and 100% tariffs on BRICS members that move away from the dollar.

- Date: 2024-12-12 · published 2024-12-12T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/14700-china-isn-t-sitting-around-waiting-for-higher-tariffs
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Chinese diversification toward Brazilian supply sustains South American export demand while reducing future U.S. soybean sales to China.

## Read by commodity

- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-02-04 | [How is China hitting back against US tariffs?](https://feedsoft.ai/events/14684-how-is-china-hitting-back-against-us-tariffs.md) | -0.8% | -7.0% |
| SOY | 2018-06-16 | [Trump's tariffs: What they are and how China is responding \| AP News](https://feedsoft.ai/events/64604-trump-s-tariffs-what-they-are-and-how-china-is-responding-ap-news.md) | -1.2% | -8.4% |
| SOY | 2018-06-19 | [Trump Wants More China Tariffs](https://feedsoft.ai/events/64511-trump-wants-more-china-tariffs.md) | -3.7% | -7.6% |
| SOY | 2018-02-15 | [Sorghum takes hit as China retaliates for tariffs on solar panels](https://feedsoft.ai/events/66548-sorghum-takes-hit-as-china-retaliates-for-tariffs-on-solar-panels.md) | +1.4% | +2.3% |
| SOY | 2019-05-13 | [Forex Market: Yuan weakest since December as China adds tariffs](https://feedsoft.ai/events/8441-forex-market-yuan-weakest-since-december-as-china-adds-tariffs.md) | +3.1% | +7.7% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2024/12/12/china-sitting-around-waiting-higher-2

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.