# What the US-China trade looks like by sector | Reuters

> President Biden unveiled a package of steep tariff increases on Chinese imports. The coverage outlines the US-China trade relationship by sector, noting China relies on US agricultural products such as soybeans.

- Date: 2024-05-14 · published 2024-05-14T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/14751-what-the-us-china-trade-looks-like-by-sector-reuters
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Retaliatory risk from China could curb its purchases of US soybeans, a major feed-protein input. Tariff escalation therefore adds downside pressure to soybean and meal prices.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-06-09 | [China's role in US agriculture isn't what it used to be \| Reuters](https://feedsoft.ai/events/12563-china-s-role-in-us-agriculture-isn-t-what-it-used-to-be-reuters.md) | +0.3% | +7.1% |
| SOY | 2019-08-30 | [As US Trade Dispute Lingers, China Gives Argentina Soy Meal a Second Look](https://feedsoft.ai/events/57426-as-us-trade-dispute-lingers-china-gives-argentina-soy-meal-a-second-look.md) | -1.3% | +3.1% |
| SOY | 2025-11-12 | [China's soybean glut could defeat US export hopes after trade thaw \| Reuters](https://feedsoft.ai/events/21942-china-s-soybean-glut-could-defeat-us-export-hopes-after-trade-thaw-reuters.md) | +3.6% | -2.0% |
| SOY | 2024-11-01 | [China pivot from US farm imports bolsters it against trade war risks \| Reuters](https://feedsoft.ai/events/14704-china-pivot-from-us-farm-imports-bolsters-it-against-trade-war-risks-reuters.md) | +3.4% | +0.7% |
| SOY | 2019-05-13 | [What Does the US Export to China? Soybeans Lowest in Decade - Bloomberg](https://feedsoft.ai/events/7754-what-does-the-us-export-to-china-soybeans-lowest-in-decade-bloomberg.md) | +3.1% | +7.7% |
| SBM | 2026-06-09 | [China's role in US agriculture isn't what it used to be \| Reuters](https://feedsoft.ai/events/12563-china-s-role-in-us-agriculture-isn-t-what-it-used-to-be-reuters.md) | -0.8% | +2.1% |
| SBM | 2019-08-30 | [As US Trade Dispute Lingers, China Gives Argentina Soy Meal a Second Look](https://feedsoft.ai/events/57426-as-us-trade-dispute-lingers-china-gives-argentina-soy-meal-a-second-look.md) | -1.6% | -0.7% |
| SBM | 2025-11-12 | [China's soybean glut could defeat US export hopes after trade thaw \| Reuters](https://feedsoft.ai/events/21942-china-s-soybean-glut-could-defeat-us-export-hopes-after-trade-thaw-reuters.md) | +2.6% | -6.0% |

## Sources

- reuters.com: https://www.reuters.com/business/what-us-china-trade-looks-like-by-sector-2024-05-14/

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