# How Chinese tariffs on U.S. imports will stand after February 14 cuts

> China's tariff schedule on US imports is set to fall after February 14 cuts, lowering total tariffs on soybeans to 27.5% from 30%, pork to 55% from 60%, and beef to 30% from 35%. Tariffs on US crude oil drop to 2.5% from 5%. China has also granted some exemptions for US soybean imports.

- Date: 2020-02-06 · published 2020-02-06T12:00:00.000Z
- Category: trade · region China · magnitude high
- Page: https://feedsoft.ai/events/54475-how-chinese-tariffs-on-u-s-imports-will-stand-after-february-14-cuts
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Lower Chinese duties make US soybeans, pork and beef more competitive against Brazilian and domestic supply, supporting US export demand and prices for soybeans and meat. Meal and feed demand tied to these flows could firm as well.

## Read by commodity

- SOY: bullish ▲
- HOGS: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-12-16 | [Factbox: How China tariffs on U.S. commodities, energy stand after 'phase one' trade deal](https://feedsoft.ai/events/55441-factbox-how-china-tariffs-on-u-s-commodities-energy-stand-after-phase-one-trade.md) | +2.3% | +2.3% |
| SOY | 2024-01-11 | [Soy Agreements Important for U.S. and Chinese Interests](https://feedsoft.ai/events/14786-soy-agreements-important-for-u-s-and-chinese-interests.md) | -1.2% | -2.9% |
| SOY | 2023-06-01 | [China’s imports of U.S. food on the rise - WEDC](https://feedsoft.ai/events/14834-china-s-imports-of-u-s-food-on-the-rise-wedc.md) | +4.7% | +14.1% |
| SOY | 2019-09-24 | [China gives waivers to importers to buy U.S. soy exempt from tariffs: sources](https://feedsoft.ai/events/56921-china-gives-waivers-to-importers-to-buy-u-s-soy-exempt-from-tariffs-sources.md) | +1.5% | +4.6% |
| SOY | 2020-12-25 | [China's Nov soybean imports from U.S. surge on year after trade deal - Markets - Business Recorder](https://feedsoft.ai/events/49498-china-s-nov-soybean-imports-from-u-s-surge-on-year-after-trade-deal-markets.md) | +4.2% | +8.4% |
| HOGS | 2022-12-13 | [Towards a rebound in Chinese pork imports in 2023](https://feedsoft.ai/events/38233-towards-a-rebound-in-chinese-pork-imports-in-2023.md) | +2.0% | -3.6% |
| HOGS | 2019-09-14 | [Lean hogs rally as China exempts pork from additional tariffs on U.S. goods - MarketWatch](https://feedsoft.ai/events/57225-lean-hogs-rally-as-china-exempts-pork-from-additional-tariffs-on-u-s-goods.md) | -5.6% | -2.0% |
| HOGS | 2017-08-29 | [A Closer Look at China's Pork Imports](https://feedsoft.ai/events/69442-a-closer-look-at-china-s-pork-imports.md) | -1.5% | -15.5% |

## Sources

- reuters.com: https://www.reuters.com/article/business/how-chinese-tariffs-on-us-imports-will-stand-after-february-14-cuts-idUSKBN2001XF/

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