# USDA: Tariffs Proposed by China Would Hit $16.5B in US Ag Exports

> USDA estimated that Chinese tariffs proposed on $50 billion of US goods would hit $16.5 billion in US agricultural exports. China announced higher tariffs on 106 US commodities, including soybeans, which would rise from 3 percent to 28 percent if enacted.

- Date: 2018-04-04 · published 2018-04-04T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/65376-usda-tariffs-proposed-by-china-would-hit-16-5b-in-us-ag-exports
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Soybean futures fell about 40 cents on the announcement, and the tariff increase would sharply cut US soybean export competitiveness in China.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-02-04 | [How is China hitting back against US tariffs?](https://feedsoft.ai/events/14684-how-is-china-hitting-back-against-us-tariffs.md) | -0.8% | -7.0% |
| SOY | 2025-02-28 | [China’s yuan falls to 2-week low after Trump proposes extra tariffs on Chinese exports](https://feedsoft.ai/events/26290-china-s-yuan-falls-to-2-week-low-after-trump-proposes-extra-tariffs-on-chinese.md) | -0.9% | -0.6% |
| SOY | 2024-02-29 | [China Tariff War Revisited: U.S. Exports Of Oil Surged In 2023](https://feedsoft.ai/events/14775-china-tariff-war-revisited-u-s-exports-of-oil-surged-in-2023.md) | +0.6% | +5.2% |
| SOY | 2024-02-08 | [US farm exports hit three-year low in 2023 as China slows buying](https://feedsoft.ai/events/14771-us-farm-exports-hit-three-year-low-in-2023-as-china-slows-buying.md) | -1.6% | -2.7% |
| SOY | 2024-11-07 | [Trump's tariff threat puts US farm exports to China at risk](https://feedsoft.ai/events/14703-trump-s-tariff-threat-puts-us-farm-exports-to-china-at-risk.md) | +1.0% | -0.1% |
| SBM | 2019-08-23 | [China to impose extra tariffs on U.S. soy, beef and pork](https://feedsoft.ai/events/57438-china-to-impose-extra-tariffs-on-u-s-soy-beef-and-pork.md) | -0.6% | -0.9% |
| SBM | 2025-03-04 | [Which U.S. agricultural products did China hit with tariffs? \| Reuters](https://feedsoft.ai/events/11141-which-u-s-agricultural-products-did-china-hit-with-tariffs-reuters.md) | +1.6% | +1.1% |
| SBM | 2019-09-03 | [Argentina, China Export Tango - ProAg](https://feedsoft.ai/events/56918-argentina-china-export-tango-proag.md) | -0.3% | +2.3% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2018/04/04/china-tariffs-worth-50-billion

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