# China Extends Tariff Truce but Keeps 10% Tax; American Soybean Farmers Celebrate Being Economically Insulted at a Discount

> China extended its trade truce suspending an additional 24% tariff through January 10, 2027, but keeps an extra 10% duty on US goods. With other import duties included, US soybeans face about 13% tariffs versus about 3% on Brazilian beans. The article is an opinion-style piece with fictional farmer quotes.

- Date: 2026-11-11 · published 2026-11-12T03:11:50.623Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/94844-china-extends-tariff-truce-but-keeps-10-tax-american-soybean-farmers-celebrate
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

The residual tariff gap versus Brazil keeps US soybeans less competitive in China, favouring Brazilian soybean export share and weighing on US soybean prices.

## Read by commodity

- SBM: neutral
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-05-23 | [US farmers feel pain as soybean exports to China flatline despite tariff truce \| South China Morning Post](https://feedsoft.ai/events/14660-us-farmers-feel-pain-as-soybean-exports-to-china-flatline-despite-tariff-truce.md) | -2.4% | -0.8% |
| SOY | 2018-07-12 | [Fall in soybean prices from China trade spat leaves farmers struggling](https://feedsoft.ai/events/5851-fall-in-soybean-prices-from-china-trade-spat-leaves-farmers-struggling.md) | +1.5% | +7.7% |
| SOY | 2018-10-24 | [China wants to stop buying American soybeans entirely](https://feedsoft.ai/events/62400-china-wants-to-stop-buying-american-soybeans-entirely.md) | -2.8% | +2.7% |
| SOY | 2018-04-13 | [China traders, farmers shrug off risk of US soybeans tariff \| AP News](https://feedsoft.ai/events/65373-china-traders-farmers-shrug-off-risk-of-us-soybeans-tariff-ap-news.md) | -2.2% | -4.5% |
| SOY | 2018-04-05 | [Uneasiness spreads in farm economy with China targeting US soybeans](https://feedsoft.ai/events/65375-uneasiness-spreads-in-farm-economy-with-china-targeting-us-soybeans.md) | +3.2% | +1.7% |
| SBM | 2026-10-26 | [China’s Soybean Buying Picks Up, But a Tariff Wall Still Blocks Full Trade Recovery](https://feedsoft.ai/events/14538-china-s-soybean-buying-picks-up-but-a-tariff-wall-still-blocks-full-trade.md) | -3.6% | — |
| SBM | 2025-05-19 | [Soybean market changing for North Dakota farmers, but China and tariffs still loom large - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/24729-soybean-market-changing-for-north-dakota-farmers-but-china-and-tariffs-still.md) | +0.8% | -0.3% |
| SBM | 2018-11-12 | [U.S. soybean farmers hang on for dear life in Trump's China trade war](https://feedsoft.ai/events/62097-u-s-soybean-farmers-hang-on-for-dear-life-in-trump-s-china-trade-war.md) | +1.7% | +1.1% |

## Sources

- farm.fm: https://farm.fm/china-soybean-tariff-truce-10-percent-american-farmers/

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