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Soybean farmers caught in the middle of U.S-China trade war

Soybean farm
Michael Conroy | Associated Press
Soybeans are harvested on the Warpup Farm in Warren, Indiana.

ST. JOSEPH, Mo. (News-Press NOW) — Soybean farmers are once again feeling the impact of U.S.-China trade tensions.

Back in 2018, soybeans were at the center of a major tariff dispute during the U.S.-China trade war, when China imposed a 25% tariff on American soybeans. The move led to a drop in soybean prices and a decline in export values.

Fast forward to 2025, when a 34% tariff was imposed on soybeans in April.

President Donald Trump has warned he may revive trade measures with additional levies of up to 100% on China-bound U.S. exports, though not specifically on soybeans.

With it being harvest season for Missouri — the nation’s seventh largest soybean producer — and Kansas, ranked tenth, farmers could be facing financial hardships as China continues to boycott this year’s U.S. soybeans.

China remains the largest customer for American soybeans, but if this retaliation continues, the country is expected to purchase $10 billion fewer soybeans than last year.

According to the U.S. Department of Agriculture, China purchased $12.6 billion worth of soybeans in 2024.

Last month, sources indicated that President Trump is considering using tariff revenue to fund a $10 billion aid package for U.S. farmers. This move could offer short-term relief but might not provide long-term stability.

News-Press NOW will update this story.

Article Topic Follows: Business/Consumer

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Payton Counts

Payton Counts is the morning Stormtracker Meteorologist who joined News-Press NOW in October of 2024.

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