# China Targets U.S. Farm Imports With Tariffs on Soy, Corn - Pork Business

> China said it will follow through with an additional 25 percent tariff on about $50 billion of US imports, with about $34 billion starting July 6 and covering soybeans, corn, wheat, sorghum, pork, beef and other farm goods. The move escalates the US-China trade dispute over agriculture.

- Date: 2020-11-20 · published 2020-11-20T12:00:00.000Z
- Category: trade · region China · magnitude high
- Page: https://feedsoft.ai/events/50015-china-targets-u-s-farm-imports-with-tariffs-on-soy-corn-pork-business
- 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

Tariffs on US soybeans, corn and other grains reduce US export competitiveness in China, pressuring US futures and basis while supporting Brazilian and other competitor flows.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-12-01 | [China Targets U.S. Farm Imports With Tariffs \| Feed & Grain](https://feedsoft.ai/events/49501-china-targets-u-s-farm-imports-with-tariffs-feed-and-grain.md) | -0.9% | +10.9% |
| SOY | 2019-08-23 | [China to impose extra tariffs on U.S. soy, beef and pork](https://feedsoft.ai/events/57438-china-to-impose-extra-tariffs-on-u-s-soy-beef-and-pork.md) | +0.0% | +3.1% |
| SOY | 2021-09-07 | [China's August soybean imports fall on flat demand - Markets - Business Recorder](https://feedsoft.ai/events/45066-china-s-august-soybean-imports-fall-on-flat-demand-markets-business-recorder.md) | -0.8% | -3.7% |
| SOY | 2018-04-05 | [Uneasiness spreads in farm economy with China targeting US soybeans](https://feedsoft.ai/events/65375-uneasiness-spreads-in-farm-economy-with-china-targeting-us-soybeans.md) | +3.2% | +1.7% |
| 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% |
| CORN | 2020-12-01 | [China Targets U.S. Farm Imports With Tariffs \| Feed & Grain](https://feedsoft.ai/events/49501-china-targets-u-s-farm-imports-with-tariffs-feed-and-grain.md) | -0.4% | +1.4% |
| CORN | 2019-08-23 | [China to impose extra tariffs on U.S. soy, beef and pork](https://feedsoft.ai/events/57438-china-to-impose-extra-tariffs-on-u-s-soy-beef-and-pork.md) | +1.8% | +1.4% |
| CORN | 2018-04-05 | [Uneasiness spreads in farm economy with China targeting US soybeans](https://feedsoft.ai/events/65375-uneasiness-spreads-in-farm-economy-with-china-targeting-us-soybeans.md) | +1.1% | +3.0% |

## Sources

- porkbusiness.com: https://www.porkbusiness.com/ag-policy/china-targets-u-s-farm-imports-tariffs-soy-corn

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