# New report unites steel traders, poultry, soybean groups against tariffs

> The American Institute for International Steel, the National Chicken Council and the American Soybean Association released a joint report on September 12 arguing that steel tariffs would damage the broader U.S. steel supply chain. The report warns that agriculture would face shipping disruption and possible trade retaliation.

- Date: 2017-09-13 · published 2017-09-13T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/68861-new-report-unites-steel-traders-poultry-soybean-groups-against-tariffs
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Possible retaliation against U.S. agricultural exports, including soybeans and poultry, would weigh on export demand and prices. The report is advocacy, so the immediate price effect depends on whether tariffs are imposed.

## Read by commodity

- SOY: bearish ▼
- CHICKEN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2016-12-30 | [Argentina: New plan to reduce the export tax on soybean - Global Trade Alert](https://feedsoft.ai/events/73319-argentina-new-plan-to-reduce-the-export-tax-on-soybean-global-trade-alert.md) | -1.7% | +1.9% |
| SOY | 2018-01-22 | [Export Tax Relief Aids Argentina’s Soybean Trade](https://feedsoft.ai/events/66849-export-tax-relief-aids-argentina-s-soybean-trade.md) | +0.8% | +4.5% |
| SOY | 2018-04-19 | [Soy Growers Ask President Trump to Support Renewable Fuel Standard - American Soybean Association](https://feedsoft.ai/events/65395-soy-growers-ask-president-trump-to-support-renewable-fuel-standard-american.md) | -1.4% | -4.0% |
| SOY | 2024-01-10 | [Trump tariff plans worry ag groups, threaten trade war redux \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14783-trump-tariff-plans-worry-ag-groups-threaten-trade-war-redux-agri-pulse.md) | -2.9% | -4.2% |
| SOY | 2019-07-25 | [FAPRI -MU shows impact of tariffs on soybeans - Brownfield Ag News](https://feedsoft.ai/events/58122-fapri-mu-shows-impact-of-tariffs-on-soybeans-brownfield-ag-news.md) | -3.0% | -3.4% |

## Sources

- spglobal.com: https://www.spglobal.com/commodityinsights/pt/market-insights/latest-news/metals/091317-new-report-unites-steel-traders-poultry-soybean-groups-against-tariffs

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