China has been boycotting purchases of U.S. soybeans since late May to show displeasure with President Trump’s tariffs. For the first time in many years, farmers across the U.S. are preparing to harvest their crop this fall with no purchase orders from China.
In Tariff Standoff With Trump, China Boycotts American Soybeans
U.S. farmers need to sell their incoming crop, and China needs to buy it in case its main alternative, Brazil, has a flood or drought. But their trade war prevents a deal.
