{"title":"Impacts of Possible Chinese 25% Tariff on U.S. Soybeans and Other Agricultural Commodities","authors":"F. Taheripour, W. Tyner","doi":"10.22004/AG.ECON.273330","DOIUrl":null,"url":null,"abstract":"If China imposes a 25% tariff on U.S. agricultural products, after multi-year adjustments, U.S. exports of soybeans to China will drop 69%, costing the United States and China each $2.5 billion annually. With this tariff, Brazil will export 27% more soybeans to China and annually gain $2.1 billion.","PeriodicalId":185368,"journal":{"name":"Choices. The Magazine of Food, Farm, and Resources Issues","volume":"184 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2018-06-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"38","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Choices. The Magazine of Food, Farm, and Resources Issues","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.22004/AG.ECON.273330","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 38
Abstract
If China imposes a 25% tariff on U.S. agricultural products, after multi-year adjustments, U.S. exports of soybeans to China will drop 69%, costing the United States and China each $2.5 billion annually. With this tariff, Brazil will export 27% more soybeans to China and annually gain $2.1 billion.