# China soybean salvo is well-timed shot in trade skirmish - MarketWatch

> China announced 25% tariffs on U.S. soybeans and other farm products including wheat, corn, cotton, sorghum, beef and tobacco, in retaliation for U.S. tariffs on Chinese goods. Soybean futures fell more than 2%, with May CBOT beans trading as low as $9.84. China typically turns to South America for soybeans at this time of year.

- Date: 2018-04-04 · published 2018-04-04T12:00:00.000Z
- Category: trade · region China · magnitude high
- Page: https://feedsoft.ai/events/65552-china-soybean-salvo-is-well-timed-shot-in-trade-skirmish-marketwatch
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Retaliatory tariffs on U.S. grain and oilseed exports to China reduce U.S. export demand, pressuring soybean, corn and sorghum prices, while Brazilian supplies gain share.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-09-20 | [Inside China's strategy in the soybean trade war](https://feedsoft.ai/events/63015-inside-china-s-strategy-in-the-soybean-trade-war.md) | +2.4% | +6.7% |
| SOY | 2018-12-27 | [Inside China's strategy in the soybean trade war](https://feedsoft.ai/events/61593-inside-china-s-strategy-in-the-soybean-trade-war.md) | +3.5% | +6.4% |
| SOY | 2019-08-08 | [US-China trade war: Soybean farmers are working new markets](https://feedsoft.ai/events/57614-us-china-trade-war-soybean-farmers-are-working-new-markets.md) | +1.4% | +0.1% |
| SOY | 2018-06-20 | [China trade war could permanently scar U.S. soybean market: Braun](https://feedsoft.ai/events/64568-china-trade-war-could-permanently-scar-u-s-soybean-market-braun.md) | -2.4% | -5.3% |
| SOY | 2020-11-23 | [China crushers wash out US soybeans amid tight margins: trade - Fastmarkets](https://feedsoft.ai/events/50234-china-crushers-wash-out-us-soybeans-amid-tight-margins-trade-fastmarkets.md) | -1.1% | +5.3% |
| CORN | 2018-10-03 | [Is the corn market about to feel a soybean trade war hangover?](https://feedsoft.ai/events/62575-is-the-corn-market-about-to-feel-a-soybean-trade-war-hangover.md) | -1.7% | -1.3% |
| CORN | 2019-08-27 | [Forex markets: US-China trade tensions in focus](https://feedsoft.ai/events/57811-forex-markets-us-china-trade-tensions-in-focus.md) | -0.2% | +1.7% |
| CORN | 2025-09-27 | [US soybean farmers caught in Trump's trade battle with China \| AP News](https://feedsoft.ai/events/14637-us-soybean-farmers-caught-in-trump-s-trade-battle-with-china-ap-news.md) | -1.8% | -1.5% |

## Sources

- marketwatch.com: https://www.marketwatch.com/story/chinas-soybean-salvo-is-well-timed-shot-in-trade-skirmish-2018-04-04

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