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Analysts at Eurasia Group say China could target US capital goods like Boeing aircraft and agricultural goods such as soybeans if trade tensions escalate over Trump-era tariffs. Former ambassador Gary Locke said Beijing would turn to alternative suppliers in Latin America and Europe.
Soybeans are a major US export to China, so a retaliatory tariff would likely pressure US soybean prices and feed meal demand, though the threat remains speculative.
cnbc.comSri JegarajahJan 20, 2017After 53 past bearish geopolitics events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -1.9% to +1.2%), and +1.0% over 20.
After 17 past bearish geopolitics events, Soybean Meal moved a median -0.1% over 5 sessions (47% higher; middle half -2.4% to +1.9%), and +0.3% over 20.
After 87 past bearish geopolitics events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.5% to +2.1%), and +0.3% 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.
