Soybeans in the Crossfire as Chinese Trade Tensions Escalate

Soybeans are once again caught in the crosshairs of a brewing U.S.-China trade war, as escalating tariffs are creating a challenging environment for American farmers. U.S. soybean exports to China now face a 60 percent tariff — double the rate seen during the 2018 trade war — and analysts warn that figure could rise further if retaliatory measures continue between the two economic powers.