China isn’t buying any new-crop US soybeans and it’s easy to understand why. As part of the crossfire in the latest battle of the US-China trade war, China imposed a 20% retaliatory tariff on American beans. Actually, it’s more like 34% after including various taxes. China, then, naturally prefers to fill its considerable soybean needs […] The post Brazil will remain China’s preferred soybean supplier, not the US appeared first on Asia Times.
