# China tariffs spark shake-up of global soybean trade flows

> China proposed a 25 percent tariff on US soybeans as part of its response to planned US tariffs on Chinese products. Argentina has bought 240,000 tonnes of US soybeans, its largest purchase in 20 years, and Brazil and Argentina prices have already risen.

- Date: 2018-04-17 · published 2018-04-17T12:00:00.000Z
- Category: trade · region China · magnitude high
- Page: https://feedsoft.ai/events/65372-china-tariffs-spark-shake-up-of-global-soybean-trade-flows
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A tariff on US soybeans would divert Chinese demand to Brazil and Argentina, lifting South American prices and pressuring US soybean values while reshaping global trade flows.

## Read by commodity

- SBM: neutral
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-07-13 | [Global Soybean Trade Slows on Weaker China Demand \| Feed & Grain](https://feedsoft.ai/events/46110-global-soybean-trade-slows-on-weaker-china-demand-feed-and-grain.md) | -0.3% | +0.1% |
| SOY | 2018-03-09 | [China says U.S. soybeans 'prime target' over tariffs: trade group](https://feedsoft.ai/events/65864-china-says-u-s-soybeans-prime-target-over-tariffs-trade-group.md) | -1.2% | -1.9% |
| 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 | 2018-04-13 | [How Sometimes Just A Threat Of A Tariff Can Change The Flow Of Global Trade : NPR](https://feedsoft.ai/events/65549-how-sometimes-just-a-threat-of-a-tariff-can-change-the-flow-of-global-trade-npr.md) | -2.2% | -4.5% |
| 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% |
| SBM | 2018-03-09 | [China says U.S. soybeans 'prime target' over tariffs: trade group](https://feedsoft.ai/events/65864-china-says-u-s-soybeans-prime-target-over-tariffs-trade-group.md) | -2.5% | +1.5% |
| SBM | 2018-10-16 | [Two Boatloads of U.S. Soybeans on Their Way to China Despite Tariffs - Caixin Global](https://feedsoft.ai/events/62398-two-boatloads-of-u-s-soybeans-on-their-way-to-china-despite-tariffs-caixin.md) | -4.3% | -6.5% |
| SBM | 2018-11-13 | [Frozen Out of China, U.S. Soybean Farmers Refuse to Sell - Caixin Global](https://feedsoft.ai/events/62093-frozen-out-of-china-u-s-soybean-farmers-refuse-to-sell-caixin-global.md) | -0.0% | +1.7% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-trade-china-soybeans/china-tariffs-spark-shake-up-of-global-soybean-trade-flows-idUSKBN1HO297/

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