# House panel calls for targeting China with tariffs, protecting ag from retaliation | Agri-Pulse Communications, Inc.

> The House Select Committee on the Chinese Communist Party approved recommendations to raise tariffs on Chinese exports in a 53-page report that stops short of revoking permanent normal trade status. The report calls for tariff increases over a short period and for USDA and USTR to find alternative markets for farm exports to offset Chinese retaliation.

- Date: 2023-12-13 · published 2023-12-13T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/14794-house-panel-calls-for-targeting-china-with-tariffs-protecting-ag-from
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The risk of Chinese retaliation against US soybeans and other farm exports could cut demand and pressure prices, although the recommendations are not yet law.

## Read by commodity

- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-12-09 | [Tariffs, competition cloud future of China ag exports \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14699-tariffs-competition-cloud-future-of-china-ag-exports-agri-pulse-communications.md) | -0.6% | -0.2% |
| SOY | 2025-04-09 | [As new tariffs kick in, what do they mean for U.S. ag?  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/25448-as-new-tariffs-kick-in-what-do-they-mean-for-u-s-ag-agri-pulse-communications.md) | +4.4% | +3.8% |
| SOY | 2019-08-06 | [China revokes tariff exemption on soybeans \| 2019-08-06 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/57445-china-revokes-tariff-exemption-on-soybeans-2019-08-06-agri-pulse-agri-pulse.md) | +1.3% | +0.7% |
| SOY | 2021-11-24 | [Legislators call for Biden to act on Mexico's noncompliance with biotech provisions \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/44037-legislators-call-for-biden-to-act-on-mexico-s-noncompliance-with-biotech.md) | -3.5% | +4.4% |
| SOY | 2021-08-04 | [USTR pushing Mexico on biotech; still formulating China plan \| 2021-08-04  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/45530-ustr-pushing-mexico-on-biotech-still-formulating-china-plan-2021-08-04-agri.md) | +4.0% | -6.7% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/20401-house-panel-calls-for-targeting-china-with-tariffs-protecting-ag-from-retaliation

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