# China gives waivers to importers to buy U.S. soy exempt from tariffs: sources

> China has granted new waivers to several importers allowing purchases of U.S. soybeans exempt from retaliatory tariffs. The waivers were offered in two batches totaling roughly 5 to 6 million tonnes, according to sources. The move comes as China returned to the U.S. soybean market this month.

- Date: 2019-09-24 · published 2019-09-24T12:00:00.000Z
- Category: trade · region China · magnitude high
- Page: https://feedsoft.ai/events/56921-china-gives-waivers-to-importers-to-buy-u-s-soy-exempt-from-tariffs-sources
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Large tariff-exempt buying from China supports U.S. soybean export demand and firms futures, while easing the trade dispute reduces downside risk for soybeans and soybean meal.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-09-13 | [China to Exempt U.S. Soybeans, Pork From Punitive Tariffs](https://feedsoft.ai/events/56925-china-to-exempt-u-s-soybeans-pork-from-punitive-tariffs.md) | +1.1% | +4.6% |
| SOY | 2020-03-06 | [China grants duty exemption on U.S. soybean imports - sources](https://feedsoft.ai/events/53996-china-grants-duty-exemption-on-u-s-soybean-imports-sources.md) | -3.8% | -3.4% |
| SOY | 2024-12-19 | [Exclusive: China's state importer books US soy purchases as tariff threat looms \| Reuters](https://feedsoft.ai/events/14695-exclusive-china-s-state-importer-books-us-soy-purchases-as-tariff-threat-looms.md) | +3.8% | +8.6% |
| SOY | 2020-07-30 | [China needs 'explosive' buying to meet U.S. farm import target](https://feedsoft.ai/events/51979-china-needs-explosive-buying-to-meet-u-s-farm-import-target.md) | -1.1% | +3.1% |
| SOY | 2019-10-23 | [Chinese Buyers Return to Market for U.S. Soy After Tariff Waivers Granted - Caixin Global](https://feedsoft.ai/events/56424-chinese-buyers-return-to-market-for-u-s-soy-after-tariff-waivers-granted-caixin.md) | -1.7% | -2.4% |
| SBM | 2019-10-23 | [Chinese Buyers Return to Market for U.S. Soy After Tariff Waivers Granted - Caixin Global](https://feedsoft.ai/events/56424-chinese-buyers-return-to-market-for-u-s-soy-after-tariff-waivers-granted-caixin.md) | -1.3% | -1.6% |
| SBM | 2018-08-22 | [China's COFCO Meat imports pork from Chile, Europe as U.S. trade war bites](https://feedsoft.ai/events/63547-china-s-cofco-meat-imports-pork-from-chile-europe-as-u-s-trade-war-bites.md) | -7.4% | -5.7% |
| SBM | 2018-03-03 | [China soybean buyers will cope if U.S. trade spat hits imports: New Hope](https://feedsoft.ai/events/65861-china-soybean-buyers-will-cope-if-u-s-trade-spat-hits-imports-new-hope.md) | -4.7% | -3.3% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-trade-china-soybeans/china-grants-new-tariff-waivers-for-us-soybean-imports-bloomberg-idUSKBN1W90H8/

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