{"id":270432,"date":"2025-02-05T01:30:00","date_gmt":"2025-02-05T01:30:00","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/02\/05\/soybeans-again-econbrowser\/"},"modified":"2025-06-25T17:09:28","modified_gmt":"2025-06-25T17:09:28","slug":"soybeans-again-econbrowser","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/02\/05\/soybeans-again-econbrowser\/","title":{"rendered":"Soybeans, Again | Econbrowser"},"content":{"rendered":"

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You might well wonder why China didn\u2019t retaliate against US soybean exports in the wake of Trump\u2019s 10% tax on Chinese goods. Was it because heavy tariffs were already in place in response to the earlier Section 301 tariffs? No, given the Phase 1 of the trade deal (not that there was ever a Phase 2), tariffs were reduce. Here\u2019s the current situation, from the National Corn Growers Association<\/a>.<\/p>\n

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Since Mr. Trump has observed this set of tariffs is just the beginning of the trade war, then China may have decided to keep its powder dry.<\/p>\n

Just a reminder of what happened last time US soybeans got hit by Chinese tariffs (July 15, 2018 post<\/a>):<\/p>\n

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Figure 1:<\/b>\u00a0Soybean futures for July 2019. Source:\u00a0ino.com<\/a>.<\/small><\/p>\n<\/p><\/div>\n

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