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An IATP commentary examines the US-China sorghum dispute, noting that the 178.6% tariff disrupted the market and ships were diverted at falling prices. It states that China then abruptly canceled the sorghum tariffs during talks in Washington, leaving the dumping question unresolved.
The unresolved dumping question and the possibility of renewed tariffs keep a risk premium on US sorghum export demand from China.
iatp.orgKaren Hansen-KuhnMay 23, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
