Impacts of Possible Chinese 25% Tariff on U.S. Soybeans and Other Agricultural Commodities

Farzad Taheripour and Wallace Tyner

Choices: The Magazine of Food, Farm, and Resource Issues, 2018, vol. 33, issue 2

Abstract: If China imposes a 25% tariff on U.S. agricultural products, after multi-year adjustments, U.S. exports of soybeans to China will drop 69%, costing the United States and China each $2.5 billion annually. With this tariff, Brazil will export 27% more soybeans to China and annually gain $2.1 billion.

Keywords: Agricultural and Food Policy; International Relations/Trade (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaeach:273330

DOI: 10.22004/ag.econ.273330

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