# ERS estimates of retaliatory tariffs on U.S. agriculture – Ohio Ag Net | Ohio's Country Journal

> An ERS report released in February estimates that U.S. agricultural commodities lost $27.2 billion from mid-2018 through 2019 due to retaliatory tariffs. More than 70% of those losses fell on soybeans, with the largest impacts in Midwestern states. The tariffs were retaliation for U.S. Section 232 and Section 301 tariffs.

- Date: 2022-03-01 · published 2022-03-01T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/14950-ers-estimates-of-retaliatory-tariffs-on-u-s-agriculture-ohio-ag-net-ohio-s
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The figures document the scale of soybean export losses during the trade war, which informs how markets assess future tariff risk. The report contains no new policy change, so the direct price impact is small.

## Read by commodity

- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-02-03 | [ERS’ Estimates of Retaliatory Tariffs on U.S. Agriculture - American Soybean Association](https://feedsoft.ai/events/14956-ers-estimates-of-retaliatory-tariffs-on-u-s-agriculture-american-soybean.md) | +3.2% | +8.7% |
| SOY | 2019-09-24 | [China’s Retaliatory Tariffs on U.S. Agriculture: In Brief - EveryCRSReport.com](https://feedsoft.ai/events/56926-china-s-retaliatory-tariffs-on-u-s-agriculture-in-brief-everycrsreport-com.md) | +1.5% | +4.6% |
| SOY | 2016-07-18 | [Taking a look at the role of USDA reports in the market  – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/4944-taking-a-look-at-the-role-of-usda-reports-in-the-market-ohio-ag-net-ohio-s.md) | -6.2% | -6.5% |
| SOY | 2023-08-15 | [A look at the August WASDE – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/5616-a-look-at-the-august-wasde-ohio-ag-net-ohio-s-country-journal.md) | -1.5% | -4.3% |
| SOY | 2018-02-08 | [Report confusing, negative numbers not killing soybeans – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/66446-report-confusing-negative-numbers-not-killing-soybeans-ohio-ag-net-ohio-s.md) | +3.5% | +7.2% |

## Sources

- ocj.com: https://ocj.com/2022/02/ers-estimates-of-retaliatory-tariffs-on-u-s-agriculture/

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