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China proposed $50 billion in tariffs on additional American products, including soybeans, cars and chemicals. China also said it would increase purchases of US goods and services, and the US expressed willingness to delay its measures.
The proposed tariffs on soybeans and the possibility of a delay both feed directly into US soybean price risk, with the outcome still uncertain.
nytimes.comKeith CollinsApr 5, 2018After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.
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.
