# China cutting US soybean purchases in face of tariffs threat | AP News

> China has placed soybeans on a list of $50 billion in U.S. exports subject to 25 percent tariffs if Washington proceeds with its own tariffs on Chinese goods. Chinese buying of U.S. soybeans has been cut in response, and retaliation could come soon after any U.S. tariffs take effect.

- Date: 2018-05-09 · published 2018-05-09T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/64913-china-cutting-us-soybean-purchases-in-face-of-tariffs-threat-ap-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Tariffs on U.S. soybeans would cut the largest U.S. farm export to China and push its price down relative to Brazilian beans. Lower U.S. export demand is bearish for soybeans and related meal.

## Read by commodity

- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-09-22 | [China cuts soybean purchases from the US in August](https://feedsoft.ai/events/14811-china-cuts-soybean-purchases-from-the-us-in-august.md) | +0.5% | +1.7% |
| SOY | 2026-08-01 | [Tariffs, in the way of larger China purchases of US soybeans: market sources](https://feedsoft.ai/events/18362-tariffs-in-the-way-of-larger-china-purchases-of-us-soybeans-market-sources.md) | -1.3% | +8.9% |
| SOY | 2019-05-30 | [China Halts U.S. Soybean Purchases, While USMCA Prospects Unfold Under a new Threat of Tariffs on Mexico - Farm Policy News](https://feedsoft.ai/events/58950-china-halts-u-s-soybean-purchases-while-usmca-prospects-unfold-under-a-new.md) | -0.3% | +2.6% |
| 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 | 2018-06-16 | [China hikes tariffs on US soybeans, electric cars, fish \| AP News](https://feedsoft.ai/events/64396-china-hikes-tariffs-on-us-soybeans-electric-cars-fish-ap-news.md) | -1.2% | -8.4% |

## Sources

- apnews.com: https://apnews.com/general-news-f997000179e34c1bb88704454d606ca8

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