U.S. soybean exports to China could fall 71 percent in trade spat, study finds
If China imposes retaliatory tariffs on U.S. soybeans, exports to Beijing could drop by nearly three-quarters, a new study finds. The study -- conducted for the U.S. Soybean Export Council by two agricultural economists at Perdue University, Wally Tyner and Farzad Taheripour, and released on March 28 -- modeled the effects of Chinese tariffs ranging from 10 to 30 percent on U.S. soybean imports. A 10 percent tariff would cause U.S. soybean exports to China to drop by a third,...