# Harvesting another trade war - R Street Institute

> An R Street Institute commentary argues that the US has stepped back from trade liberalization under Trump and Biden, leaving farmers exposed to retaliatory tariffs. It highlights the TPP withdrawal and steel tariffs that triggered agricultural retaliation.

- Date: 2021-11-01 · published 2021-11-01T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/44036-harvesting-another-trade-war-r-street-institute
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Persistent trade barriers and retaliation risk reduce US farm export competitiveness, a long-run bearish factor for US grain and oilseed prices.

## Read by commodity

- SOY: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-11-21 | [Harvesting in a trade war - U.S. crops rot as storage costs soar](https://feedsoft.ai/events/11727-harvesting-in-a-trade-war-u-s-crops-rot-as-storage-costs-soar.md) | +1.1% | +1.4% |
| SOY | 2025-03-04 | [Dollar Slides as Trade-War Risk Drives Investors to Other Havens](https://feedsoft.ai/events/9709-dollar-slides-as-trade-war-risk-drives-investors-to-other-havens.md) | +0.2% | +1.7% |
| SOY | 2018-09-20 | [Inside China's strategy in the soybean trade war](https://feedsoft.ai/events/63015-inside-china-s-strategy-in-the-soybean-trade-war.md) | +2.4% | +6.7% |
| SOY | 2018-12-27 | [Inside China's strategy in the soybean trade war](https://feedsoft.ai/events/61593-inside-china-s-strategy-in-the-soybean-trade-war.md) | +3.5% | +6.4% |
| SOY | 2018-06-09 | [Trade-War Drums: Is Mexico Ready to Fire at the US Corn Belt? \| Wolf Street](https://feedsoft.ai/events/64507-trade-war-drums-is-mexico-ready-to-fire-at-the-us-corn-belt-wolf-street.md) | -6.6% | -12.1% |
| WHEAT | 2026-10-29 | [China On Track For Another Bumper Harvest… \| Grain Brokers](https://feedsoft.ai/events/114-china-on-track-for-another-bumper-harvest-grain-brokers.md) | -0.4% | — |
| WHEAT | 2022-12-02 | [Wheat wilts in the face of harvest selling pressure \| Stock Journal \| SA](https://feedsoft.ai/events/6646-wheat-wilts-in-the-face-of-harvest-selling-pressure-stock-journal-sa.md) | -9.7% | -1.7% |
| WHEAT | 2025-03-04 | [USDA Prepares to Protect Farmers in a Trade War - AgWeb](https://feedsoft.ai/events/25559-usda-prepares-to-protect-farmers-in-a-trade-war-agweb.md) | +0.1% | +2.8% |

## Sources

- rstreet.org: https://www.rstreet.org/commentary/harvesting-another-trade-war/

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