# China Tries To Calm US Trade Spat While Readying Riposte | ESM Magazine

> China sought to calm a deteriorating trade relationship with the US as Washington prepared a possible Section 301 investigation into alleged intellectual property violations. Beijing said it values intellectual property and wants cooperation, while sources said China has singled out soybean imports as a possible lever in retaliation.

- Date: 2017-08-04 · published 2017-08-04T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/69322-china-tries-to-calm-us-trade-spat-while-readying-riposte-esm-magazine
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Soybeans are the most exposed US farm export to China, so any tit-for-tat measure targeting soy imports would pressure US soybean prices. Analysts expect China to respond cautiously and proportionally.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-07-11 | [US - China trade war hitting Panama Canal revenues](https://feedsoft.ai/events/57984-us-china-trade-war-hitting-panama-canal-revenues.md) | -1.2% | -5.0% |
| SOY | 2019-07-24 | [China's Soybean Crushers In No Rush To Buy From US Despite Beijing Tariff Offer: Sources \| ESM Magazine](https://feedsoft.ai/events/57953-china-s-soybean-crushers-in-no-rush-to-buy-from-us-despite-beijing-tariff-offer.md) | -0.8% | -3.4% |
| SOY | 2017-12-28 | [As World Eats More Meat, US Soy Losing Battle To Feed Animals \| ESM Magazine](https://feedsoft.ai/events/67499-as-world-eats-more-meat-us-soy-losing-battle-to-feed-animals-esm-magazine.md) | +0.4% | +3.1% |
| SOY | 2020-05-28 | [China securing Brazilian soy with US trade tensions rising](https://feedsoft.ai/events/53167-china-securing-brazilian-soy-with-us-trade-tensions-rising.md) | +1.1% | +2.6% |
| SOY | 2024-05-14 | [What the US-China trade looks like by sector \| Reuters](https://feedsoft.ai/events/14751-what-the-us-china-trade-looks-like-by-sector-reuters.md) | +3.5% | -2.3% |
| SBM | 2017-12-28 | [As World Eats More Meat, US Soy Losing Battle To Feed Animals \| ESM Magazine](https://feedsoft.ai/events/67499-as-world-eats-more-meat-us-soy-losing-battle-to-feed-animals-esm-magazine.md) | +0.5% | +6.8% |
| SBM | 2024-05-14 | [What the US-China trade looks like by sector \| Reuters](https://feedsoft.ai/events/14751-what-the-us-china-trade-looks-like-by-sector-reuters.md) | +2.9% | +0.2% |
| SBM | 2019-03-10 | [Argentina's Soymeal Plants Battered By Trade War And Taxes \| ESM Magazine](https://feedsoft.ai/events/59938-argentina-s-soymeal-plants-battered-by-trade-war-and-taxes-esm-magazine.md) | +3.9% | +3.0% |

## Sources

- esmmagazine.com: https://www.esmmagazine.com/supply-chain/china-tries-calm-us-trade-spat-47232

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