The Soybean Shift: What Tariffs Mean for US-China Trade
Global trade rewired, strategic pivots, and the quiet power of soybeans in a high-stakes economic standoff.
Amid the escalating tariff war between the US and China, soybeans emerge as a focal point in global agricultural trade. Brazil’s abundant harvests have propelled China’s pivot from US suppliers, driven not by price, but by strategic goals of food security and supply reliability, alongside rising self-sufficiency efforts.
In this byline article, Bastavee Barooah, Head of Food and Agribusiness, Institutional Banking Group at DBS, delves deeper into:
- The challenging road ahead for soybeans
- Brazil steadily increasing production to position itself as an alternative soybean supplier to China
- China focusing on self-sufficiency and increasing soybean stockpile
- How soybean prices will be affected
- What this means for other edible oil products
