Peter Buxbaum | May 24, 2019 | International Trade
Of the $20 billion of U.S. agricultural exports to China that became subject to new tariffs in 2018, over $10 billion were applied to soybean exports. Those numbers reveal that U.S. farmers exported more soybeans to China than all other agricultural products combined. Farmers have historically exported 60% of all their total soybean production, half of that to China.
