- Tariffs on Chinese goods rose sharply from 20 to 135 percent, concentrating the effects of the trade war on the Corn Belt and Iowa farmers.
- Trade war freezes exports of food-grade soybeans from major producing states like Illinois, Iowa, and Minnesota to the Chinese market.
Federal bans on soy sales to China are in place, alongside discussions about a partnership for soybean crushing plant development in Minnesota.
1 report, 1 independent
Updated Jun 30
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What happened
Federal bans on soy sales to China are in place, alongside discussions about a partnership for soybean crushing plant development in Minnesota.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Minnesota
state of the United States of America
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China
cultural region, ancient civilization, and nation in East Asia; mostly refers to the People's Republic of China in political situation and rarely refers to the Republic of China
Related events
- China reduced soybean purchases while Trump met with Chinese officials, amid domestic health funding and tariff impacts on farmers.
- North Dakota relies heavily on China for its soybean exports, with logistics passing through the Pacific Northwest.
- Both North Dakota and Minnesota have laws governing agricultural practices.