# China unveils tariff adjustments for next year to boost foreign trade - Profit by Pakistan Today

> China announced 2019 tariff changes that remove import duties on alternative meals, including rapeseed, cotton, sunflower and palm meal, from January 1, 2019. The same notice removes export tariffs on 94 products, including fertilizers. The move is intended to boost foreign trade as growth slows amid the trade war with the US.

- Date: 2018-12-24 · published 2018-12-24T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/61516-china-unveils-tariff-adjustments-for-next-year-to-boost-foreign-trade-profit-by
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Cottonseed Meal](https://feedsoft.ai/c/CSM.md), [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Cheaper imports of alternative meals increase competition for soymeal in China's feed market, which is bearish for soymeal and the alternative meals. Removing fertilizer export tariffs may increase Chinese urea and phosphate exports, adding supply.

## Read by commodity

- CSM: bearish ▼
- DAP: bearish ▼
- SBM: bearish ▼
- UREA: bearish ▼
- CANMEAL: bearish ▼
- SUNMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2023-04-05 | [Argentina unveils third 'soybean dollar' program to boost farmer sales](https://feedsoft.ai/events/13974-argentina-unveils-third-soybean-dollar-program-to-boost-farmer-sales.md) | +0.2% | -6.0% |
| SBM | 2022-11-28 | [Argentina restarts soy dollar program until year-end, China to buy 1 mil-1.5 mil mt](https://feedsoft.ai/events/38697-argentina-restarts-soy-dollar-program-until-year-end-china-to-buy-1-mil-1-5-mil.md) | +3.4% | +11.2% |
| SBM | 2024-11-26 | [China's yuan slides to four-month low on Trump's tariff promise \| Reuters](https://feedsoft.ai/events/27628-china-s-yuan-slides-to-four-month-low-on-trump-s-tariff-promise-reuters.md) | -2.5% | -0.8% |
| SBM | 2023-07-25 | [Argentina announces measures to boost foreign reserves \| Buenos Aires Times](https://feedsoft.ai/events/35334-argentina-announces-measures-to-boost-foreign-reserves-buenos-aires-times.md) | +0.7% | -7.7% |
| SBM | 2026-06-24 | [China Urges Pig Breeders to Cut Capacity After Prices Fall to 10-Year Low](https://feedsoft.ai/events/18778-china-urges-pig-breeders-to-cut-capacity-after-prices-fall-to-10-year-low.md) | +0.3% | +7.7% |

## Sources

- profit.pakistantoday.com.pk: https://profit.pakistantoday.com.pk/2018/12/24/china-unveils-tariff-adjustments-for-next-year-to-boost-foreign-trade

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