# China says U.S. soybeans 'prime target' over tariffs: trade group

> Chinese officials reportedly named US soybeans a prime target for retaliation against US steel and aluminum tariffs, according to the American Soybean Association. China imports more than a third of all US soybeans.

- Date: 2018-03-09 · published 2018-03-09T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/65864-china-says-u-s-soybeans-prime-target-over-tariffs-trade-group
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Signals of possible Chinese purchase cuts from the largest US export market add downside risk to US soybean prices and support Brazilian export premiums.

## Read by commodity

- SBM: neutral
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-04-17 | [China tariffs spark shake-up of global soybean trade flows](https://feedsoft.ai/events/65372-china-tariffs-spark-shake-up-of-global-soybean-trade-flows.md) | -2.0% | -2.8% |
| SOY | 2018-06-16 | [China targets corn, soybeans](https://feedsoft.ai/events/64395-china-targets-corn-soybeans.md) | -1.2% | -8.4% |
| SOY | 2018-04-06 | [Short-Term Palm Boost After China Tariff on US Soybeans: Traders](https://feedsoft.ai/events/65607-short-term-palm-boost-after-china-tariff-on-us-soybeans-traders.md) | +2.9% | +1.2% |
| SOY | 2021-07-29 | [U.S. Trade Tariffs on China Near $100 Billion](https://feedsoft.ai/events/45924-u-s-trade-tariffs-on-china-near-100-billion.md) | -2.0% | -6.0% |
| SOY | 2026-08-01 | [Tariffs, in the way of larger China purchases of US soybeans: market sources](https://feedsoft.ai/events/18362-tariffs-in-the-way-of-larger-china-purchases-of-us-soybeans-market-sources.md) | -1.3% | +8.9% |
| SBM | 2018-04-17 | [China tariffs spark shake-up of global soybean trade flows](https://feedsoft.ai/events/65372-china-tariffs-spark-shake-up-of-global-soybean-trade-flows.md) | -1.6% | +3.2% |
| SBM | 2026-08-01 | [Tariffs, in the way of larger China purchases of US soybeans: market sources](https://feedsoft.ai/events/18362-tariffs-in-the-way-of-larger-china-purchases-of-us-soybeans-market-sources.md) | -0.8% | +8.2% |
| SBM | 2025-04-09 | [Wave of US soybeans set to reach China's shores despite tariffs](https://feedsoft.ai/events/14668-wave-of-us-soybeans-set-to-reach-china-s-shores-despite-tariffs.md) | +1.4% | -1.3% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-trade-china-soybeans/china-says-u-s-soybeans-prime-target-over-tariffs-trade-group-idUSKCN1GL304/

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