Reported about 4 hours ago
China has implemented a 10% tariff on US soybeans as part of its retaliation against US trade policies, significantly affecting the US soybean market, which is heavily reliant on Chinese imports. Experts, including US Soybean Export Council CEO Jim Sutter, express hope for a quick resolution before the US harvest, emphasizing the urgency of reaching an agreement to mitigate the economic impact on both American and Chinese consumers.
Source: YAHOO