# China Tariff War Revisited: U.S. Exports Of Oil Surged In 2023

> An article revisits the US-China tariff war, noting tariffs begun under Trump and kept by Biden are down from 2022 but up 386% since 2018. It also reports that US oil exports surged in 2023. China had sharply cut its soybean purchases in 2018.

- Date: 2024-02-29 · published 2024-02-29T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/14775-china-tariff-war-revisited-u-s-exports-of-oil-surged-in-2023
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Tariffs that persist keep US soybean exports to China structurally disadvantaged versus Brazil. Rising US crude exports are a separate energy-trade development with limited direct feed impact.

## Read by commodity

- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-12-01 | [China Targets U.S. Farm Imports With Tariffs \| Feed & Grain](https://feedsoft.ai/events/49501-china-targets-u-s-farm-imports-with-tariffs-feed-and-grain.md) | -0.9% | +10.9% |
| SOY | 2022-02-09 | [Plunge in U.S. soy exports to China in 2021 exposes Phase 1 flaws  \| Reuters](https://feedsoft.ai/events/14955-plunge-in-u-s-soy-exports-to-china-in-2021-exposes-phase-1-flaws-reuters.md) | -1.1% | +7.5% |
| SOY | 2024-11-07 | [Trump's tariff threat puts US farm exports to China at risk](https://feedsoft.ai/events/14703-trump-s-tariff-threat-puts-us-farm-exports-to-china-at-risk.md) | +1.0% | -0.1% |
| SOY | 2022-09-13 | [Ag Exports to Take Hit in 2023 and Tariffs on Chinese Imports to Stay - AG INFORMATION NETWORK OF THE WEST](https://feedsoft.ai/events/39583-ag-exports-to-take-hit-in-2023-and-tariffs-on-chinese-imports-to-stay-ag.md) | -5.7% | -11.3% |
| SOY | 2018-04-04 | [USDA: Tariffs Proposed by China Would Hit $16.5B in US Ag Exports](https://feedsoft.ai/events/65376-usda-tariffs-proposed-by-china-would-hit-16-5b-in-us-ag-exports.md) | +1.2% | +0.4% |

## Sources

- forbes.com: https://www.forbes.com/sites/kenroberts/2024/02/29/china-tariff-war-revisited-us-exports-of-oil-surged-in-2023/

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