The U.S. Soybean Ship Racing Against the Tariff Clock Didn’t Make it to China in Time

Synthaholic

Diamond Member
Jul 21, 2010
71,566
51,568
3,605
*
Awww.

So, who feels sorry for farmers who voted for Trumpy? :auiqs.jpg:


https://www.bloomberg.com/news/articles/2018-07-06/it-s-full-steam-ahead-as-u-s-soy-cargo-speeds-up-in-tariff-race

A ship laden with U.S. soybeans that was steaming toward northern China looks to have lost its race to arrive before import duties are imposed.

Retaliatory tariffs on U.S. goods have now taken effect after the U.S. implemented a raft of duties earlier in the day, China’s foreign ministry said at a press conference in Beijing on Friday afternoon. The Chinese government had previously said it will impose a 25 percent levy on shipments on soybeans among other U.S. agricultural produce and goods including automobiles.
 

Forum List

Back
Top