
How China’s retaliatory soybean tariff impacts the US economy
China imposed various retaliatory tariffs on the US in response to US President Donald Trump’s tariff policy. Particularly notable is the 10% tariff China imposed on US soybeans (ZS=F), as soybeans are the US’s top agricultural export, with China as the top importer. US Soybean Export Council CEO Jim Sutter joins Brad Smith on Wealth…