US farmers say Brazil keeps edge in China’s soy market despite trade truce - Regional Media News
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US farmers say Brazil keeps edge in China’s soy market despite trade truce - Regional Media News
By Tom Polansek CHICAGO (Reuters) – A surprising tariff pause between Beijing and Washington will not help U.S. farmers revive soy sales in China without additional concessions, producers said, because top-supplier Brazil still has a competitive price advantage. Under the truce announced on Monday, the United States will cut extra tariffs it imposed on Chinese imports to 30% from 145% for the next three months, while Chinese duties on U.S. impor…
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