China to Cancel More U.S. Soy Shipments as More Tariffs Loom
date:Jul 05, 2018
ies to Bangladesh and Iran.

Soybeans are a key flash-point in the worsening trade relations between the U.S. and China after Beijing said it would levy tariffs on imports starting July 6 in retaliation against a raft of duties imposed by the Trump administration. By focusing on U.S. agricultural produce, as well as raw materials such as coal, China is targeting the rural communities in states that voted for Trump in 2016.

These shipments will be either canceled or resold if extra tariffs are i
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