# China will reimburse tariffs costs for soybeans bought for state reserves - Bloomberg

> China will reimburse buyers for the 25% tariff on U.S. soybean imports if the cargoes are destined for state reserves, according to a Bloomberg report citing unidentified sources. The tariffs apply to $34 billion of goods from each country starting July 6.

- Date: 2018-07-09 · published 2018-07-09T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/63899-china-will-reimburse-tariffs-costs-for-soybeans-bought-for-state-reserves
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

State reserve purchases could support some U.S. soybean demand despite tariffs, partially offsetting the bearish effect of the trade dispute on U.S. soybean prices.

## Read by commodity

- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-01-22 | [Soybean Oil Rises With More US Demand Forecast for Biofuels - Bloomberg](https://feedsoft.ai/events/32190-soybean-oil-rises-with-more-us-demand-forecast-for-biofuels-bloomberg.md) | -0.3% | -3.4% |
| SOY | 2025-06-28 | [Argentina reinstates higher export duties for soybeans and corn - Buenos Aires Herald](https://feedsoft.ai/events/13853-argentina-reinstates-higher-export-duties-for-soybeans-and-corn-buenos-aires.md) | +0.4% | -3.8% |
| SOY | 2021-03-15 | [Biodiesel Boosts Demand for Iowa Soybeans \| Iowa Soybean](https://feedsoft.ai/events/48002-biodiesel-boosts-demand-for-iowa-soybeans-iowa-soybean.md) | +0.0% | -2.4% |
| SOY | 2025-06-13 | [Soybean Oil Surges With Trump Plan to Boost US Biofuel Quotas - Bloomberg](https://feedsoft.ai/events/5338-soybean-oil-surges-with-trump-plan-to-boost-us-biofuel-quotas-bloomberg.md) | +2.5% | -4.3% |
| SOY | 2016-12-13 | [China's soybean meal futures rise to 5-month high RAID](https://feedsoft.ai/events/73553-china-s-soybean-meal-futures-rise-to-5-month-high-raid.md) | -0.9% | -2.7% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-trade-china-soybeans/china-will-reimburse-tariffs-costs-for-soybeans-bought-for-state-reserves-bloomberg-idUSKBN1JZ0SW/

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