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Tariffs on U.S. Soy Will Strengthen Brazil's Hand in the Chinese Market

Jul 20, 2018 | 09:00 GMT
Workers load imported soybeans onto a truck at a port in Nantong in China's eastern Jiangsu province. Chinese soybean stocks are at a 10-year high, which could help China absorb the loss of U.S. imports brought on by tariffs.

Workers load imported soybeans onto a truck at a port in Nantong in China's eastern Jiangsu province. Chinese soybean stocks are at a 10-year high, which could help China absorb the loss of U.S. imports brought on by tariffs.

(AFP/Getty Images)

As Beijing seeks alternative sources for the essential import, the South American agricultural giant's capacity to export more soybeans is growing. Levies on the U.S. crop will only accelerate that trend....

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