# Factbox: How China tariffs on U.S. commodities, energy stand after 'phase one' trade deal

> 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.

- Date: 2019-12-16 · published 2019-12-16T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/55441-factbox-how-china-tariffs-on-u-s-commodities-energy-stand-after-phase-one-trade
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

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.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-03-04 | [U.S. and China Near a Trade Deal to Drop Tariffs](https://feedsoft.ai/events/59969-u-s-and-china-near-a-trade-deal-to-drop-tariffs.md) | -1.7% | -1.7% |
| SOY | 2020-02-06 | [How Chinese tariffs on U.S. imports will stand after February 14 cuts](https://feedsoft.ai/events/54475-how-chinese-tariffs-on-u-s-imports-will-stand-after-february-14-cuts.md) | +1.4% | +1.0% |
| SOY | 2019-10-11 | [Trump announces 'phase one' trade deal with China](https://feedsoft.ai/events/56427-trump-announces-phase-one-trade-deal-with-china.md) | +0.9% | +0.2% |
| SOY | 2021-09-02 | [Phase One Trade Deal Now in Final Quarter -](https://feedsoft.ai/events/44958-phase-one-trade-deal-now-in-final-quarter.md) | -1.5% | -1.7% |
| SOY | 2021-10-04 | [Why Biden will try to enforce Trump’s phase one trade deal with China \| PIIE](https://feedsoft.ai/events/44413-why-biden-will-try-to-enforce-trump-s-phase-one-trade-deal-with-china-piie.md) | -0.3% | -0.9% |
| SBM | 2020-05-27 | [China facing soybean dilemma as it tries to balance phase one trade deal with self-reliance \| South China Morning Post](https://feedsoft.ai/events/52988-china-facing-soybean-dilemma-as-it-tries-to-balance-phase-one-trade-deal-with.md) | -0.1% | +0.8% |
| SBM | 2020-01-15 | [China to significantly increase U.S. soybean imports after Phase 1 deal: Global Times](https://feedsoft.ai/events/54942-china-to-significantly-increase-u-s-soybean-imports-after-phase-1-deal-global.md) | +0.2% | -1.9% |
| SBM | 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) | +2.9% | +4.6% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-trade-china-commoditiestariffs-fa/factbox-how-china-tariffs-on-u-s-commodities-energy-stand-after-phase-one-trade-deal-idUSKBN1YK0F1/

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