# White House announces broad new tariffs, catching many supplement ingredients in the net

> President Trump announced new 10% tariffs on an additional $300 billion of Chinese goods, the fourth list of tariffed imports. The tariffs are expected to apply to most dietary supplements with ingredients sourced from China, including some botanicals.

- Date: 2019-08-02 · published 2019-08-02T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/57916-white-house-announces-broad-new-tariffs-catching-many-supplement-ingredients-in
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Broad new tariffs on Chinese goods raise trade-war escalation risk, weighing on risk sentiment and feeding into currency and demand concerns for commodities exported to China.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2018-06-16 | [Trump's tariffs: What they are and how China is responding \| AP News](https://feedsoft.ai/events/64604-trump-s-tariffs-what-they-are-and-how-china-is-responding-ap-news.md) | +0.1% | -2.9% |
| SBM | 2018-06-29 | [USDA supply/demand forecast could factor in Mexico, China tariffs - The Business Times](https://feedsoft.ai/events/64550-usda-supply-demand-forecast-could-factor-in-mexico-china-tariffs-the-business.md) | +2.5% | +0.4% |
| SBM | 2018-06-15 | [China announces retaliatory tariffs on $34 billion worth of US goods, including agriculture products](https://feedsoft.ai/events/64398-china-announces-retaliatory-tariffs-on-34-billion-worth-of-us-goods-including.md) | -3.3% | -4.2% |
| SBM | 2018-07-18 | [Soymeal Market Remains Calm in China Despite Tariffs](https://feedsoft.ai/events/64010-soymeal-market-remains-calm-in-china-despite-tariffs.md) | -0.1% | +1.8% |
| SBM | 2019-08-23 | [China strikes back at U.S. with new tariffs on $75 billion in goods \| Reuters](https://feedsoft.ai/events/57443-china-strikes-back-at-u-s-with-new-tariffs-on-75-billion-in-goods-reuters.md) | -0.6% | -0.9% |
| SOY | 2018-07-09 | [As Tariffs Bite, China Cancels U.S. Soy Deals and Hunt Is on for New Export Markets](https://feedsoft.ai/events/63898-as-tariffs-bite-china-cancels-u-s-soy-deals-and-hunt-is-on-for-new-export.md) | -6.9% | +1.4% |
| SOY | 2018-06-16 | [Trump's tariffs: What they are and how China is responding \| AP News](https://feedsoft.ai/events/64604-trump-s-tariffs-what-they-are-and-how-china-is-responding-ap-news.md) | -1.2% | -8.4% |
| SOY | 2025-04-12 | [White House looks at how to help farmers hurt by China tariffs : NPR](https://feedsoft.ai/events/25112-white-house-looks-at-how-to-help-farmers-hurt-by-china-tariffs-npr.md) | -1.3% | +2.2% |

## Sources

- nutraingredients.com: https://www.nutraingredients.com/Article/2019/08/02/White-House-announces-broad-new-tariffs-catching-many-supplement-ingredients-in-the-net/

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