
Reuters factbox outlines China's remaining tariffs on U.S. commodities and energy after the phase one deal. Soybeans still face a 25% tariff from July 2018 plus an additional 5% duty from September, though some exemptions have been granted.
China bought 11.3 million tonnes of U.S. soybeans in January-October, down 31.8% year on year.
Tariff relief and exemptions determine how much U.S. soybean and meal supply Chinese crushers will take, supporting U.S. soybean prices if purchases continue.
After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.
After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.