# China hikes tariffs on US soybeans, electric cars, fish | AP News

> Beijing will impose an additional 25% tariff from July 6 on 545 U.S. products, including soybeans, electric cars, orange juice, whiskey, lobsters, salmon and cigars. The Ministry of Finance announced the list.

- Date: 2018-06-16 · published 2018-06-16T12:00:00.000Z
- Category: trade · region China · magnitude high
- Page: https://feedsoft.ai/events/64396-china-hikes-tariffs-on-us-soybeans-electric-cars-fish-ap-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A 25% duty on U.S. soybeans sharply reduces their competitiveness in China, the largest buyer, which is bearish for soybean and soymeal prices.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-04-13 | [China traders, farmers shrug off risk of US soybeans tariff \| AP News](https://feedsoft.ai/events/65373-china-traders-farmers-shrug-off-risk-of-us-soybeans-tariff-ap-news.md) | -2.2% | -4.5% |
| SOY | 2018-07-19 | [Aquafeed.com \|
   

   
    CHINA - New tariffs on US soybeans unlikely to impact aquatic feed](https://feedsoft.ai/events/64111-aquafeed-com-china-new-tariffs-on-us-soybeans-unlikely-to-impact-aquatic-feed.md) | +2.2% | +1.8% |
| SOY | 2018-05-09 | [China cutting US soybean purchases in face of tariffs threat \| AP News](https://feedsoft.ai/events/64913-china-cutting-us-soybean-purchases-in-face-of-tariffs-threat-ap-news.md) | +0.7% | -1.7% |
| SOY | 2018-04-06 | [Short-Term Palm Boost After China Tariff on US Soybeans: Traders](https://feedsoft.ai/events/65607-short-term-palm-boost-after-china-tariff-on-us-soybeans-traders.md) | +2.9% | +1.2% |
| SOY | 2025-03-04 | [China slaps extra tariffs of up to 15% on imports of major US farm exports \| AP News](https://feedsoft.ai/events/14677-china-slaps-extra-tariffs-of-up-to-15-on-imports-of-major-us-farm-exports-ap.md) | +0.2% | +1.7% |
| SBM | 2018-04-13 | [China traders, farmers shrug off risk of US soybeans tariff \| AP News](https://feedsoft.ai/events/65373-china-traders-farmers-shrug-off-risk-of-us-soybeans-tariff-ap-news.md) | -2.6% | +1.9% |
| SBM | 2026-02-20 | [Soybeans Fall on SCOTUS Tariff Ruling, China Fears: Wheat Hits Fresh Highs to Lift Corn - AgWeb](https://feedsoft.ai/events/5506-soybeans-fall-on-scotus-tariff-ruling-china-fears-wheat-hits-fresh-highs-to.md) | +5.3% | +9.4% |
| SBM | 2025-02-26 | [CBOT soybeans fall on South America harvest, tariff worries — TradingView News](https://feedsoft.ai/events/26108-cbot-soybeans-fall-on-south-america-harvest-tariff-worries-tradingview-news.md) | -2.1% | +0.9% |

## Sources

- apnews.com: https://apnews.com/general-news-f40338c035d94f46aaf8733f93612e7c

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