# The Trans-Pacific Trade War Is Heating Up Again  — Breakwave Advisors

> Renewed trade tensions between the US and China are described as heating up again, with the Biden administration pressing China to meet Phase One commitments. Treasury Secretary Janet Yellen voiced doubts about the tariffs in place on Chinese goods.

- Date: 2021-07-20 · published 2021-07-20T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/45925-the-trans-pacific-trade-war-is-heating-up-again-breakwave-advisors
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Uncertainty over the Phase One deal and tariff policy clouds the outlook for US farm exports to China, a modest bearish influence on US feed grain and soybean prices.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-09-19 | [Grain dry bulk flows  to China — Breakwave Advisors](https://feedsoft.ai/events/14721-grain-dry-bulk-flows-to-china-breakwave-advisors.md) | +3.9% | -3.4% |
| SOY | 2018-08-01 | [Why Soybeans Are at the Heart of the U.S.-China Trade War](https://feedsoft.ai/events/64080-why-soybeans-are-at-the-heart-of-the-u-s-china-trade-war.md) | -1.6% | -9.2% |
| SOY | 2018-07-11 | [Why US-China trade war is weakening the South African rand \| CNBC Africa](https://feedsoft.ai/events/64325-why-us-china-trade-war-is-weakening-the-south-african-rand-cnbc-africa.md) | -1.5% | +4.3% |
| SOY | 2018-08-01 | [The bean at the heart of America's trade war](https://feedsoft.ai/events/63573-the-bean-at-the-heart-of-america-s-trade-war.md) | -1.6% | -9.2% |
| SOY | 2019-03-14 | [Why U.S. growers are betting the farm on soybeans amid China trade war](https://feedsoft.ai/events/8266-why-u-s-growers-are-betting-the-farm-on-soybeans-amid-china-trade-war.md) | +1.9% | +1.5% |
| CORN | 2024-09-19 | [Grain dry bulk flows  to China — Breakwave Advisors](https://feedsoft.ai/events/14721-grain-dry-bulk-flows-to-china-breakwave-advisors.md) | -0.7% | -2.4% |
| CORN | 2024-11-25 | [Is China Getting Ready For A Trade War? - AgWeb](https://feedsoft.ai/events/27466-is-china-getting-ready-for-a-trade-war-agweb.md) | -2.1% | +2.9% |
| CORN | 2018-06-01 | [Trade war rhetoric — This week in the grain markets - RealAgriculture](https://feedsoft.ai/events/64504-trade-war-rhetoric-this-week-in-the-grain-markets-realagriculture.md) | -2.6% | -8.6% |

## Sources

- breakwaveadvisors.com: https://www.breakwaveadvisors.com/insights/2021/7/20/the-trans-pacific-trade-war-is-heating-up-again

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