# China Targets U.S. Farm Imports With Tariffs | Feed & Grain

> On November 28, China said it would impose an additional 25% tariff on about $50 billion of U.S. imports, with tariffs on roughly $34 billion starting July 6 and covering soybeans, corn, wheat, sorghum, rice, beef, pork and other farm goods. The article notes China still buys more U.S. soybeans than any other farm product.

- Date: 2020-12-01 · published 2020-12-01T12:00:00.000Z
- Category: trade · region China · magnitude high
- Page: https://feedsoft.ai/events/49501-china-targets-u-s-farm-imports-with-tariffs-feed-and-grain
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

New Chinese tariffs on U.S. farm goods threaten export demand for soybeans, corn, wheat, sorghum and rice, which is bearish for U.S. prices and widens spreads with Brazilian supply.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-11-20 | [China Targets U.S. Farm Imports With Tariffs on Soy, Corn - Pork Business](https://feedsoft.ai/events/50015-china-targets-u-s-farm-imports-with-tariffs-on-soy-corn-pork-business.md) | +1.2% | +3.6% |
| SOY | 2022-02-25 | [China Diversifies Grain Imports, U.S. Gets Smaller Piece \| Feed & Grain](https://feedsoft.ai/events/14959-china-diversifies-grain-imports-u-s-gets-smaller-piece-feed-and-grain.md) | +1.1% | +2.4% |
| SOY | 2020-11-30 | [China September Soybean Imports Ease \| Feed & Grain](https://feedsoft.ai/events/50150-china-september-soybean-imports-ease-feed-and-grain.md) | -2.4% | +5.3% |
| SOY | 2025-03-04 | [China slaps extra tariffs of up to 15% on imports of major US farm exports \| AP News](https://feedsoft.ai/events/14677-china-slaps-extra-tariffs-of-up-to-15-on-imports-of-major-us-farm-exports-ap.md) | +0.2% | +1.7% |
| SOY | 2018-04-04 | [CPO to gain from China’s soybean import tariff \| The Star](https://feedsoft.ai/events/65604-cpo-to-gain-from-china-s-soybean-import-tariff-the-star.md) | +1.2% | +0.4% |
| CORN | 2020-11-20 | [China Targets U.S. Farm Imports With Tariffs on Soy, Corn - Pork Business](https://feedsoft.ai/events/50015-china-targets-u-s-farm-imports-with-tariffs-on-soy-corn-pork-business.md) | +0.1% | +1.2% |
| CORN | 2022-02-25 | [China Diversifies Grain Imports, U.S. Gets Smaller Piece \| Feed & Grain](https://feedsoft.ai/events/14959-china-diversifies-grain-imports-u-s-gets-smaller-piece-feed-and-grain.md) | +6.6% | +10.3% |
| CORN | 2018-08-28 | [China Grain Imports Plunge Amidst Tariffs - Southeast AgNET](https://feedsoft.ai/events/63421-china-grain-imports-plunge-amidst-tariffs-southeast-agnet.md) | +0.8% | +2.6% |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/business-markets/legislative-news/news/15397696/china-targets-us-farm-imports-with-tariffs

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