Beijing Has More Weapons To Use Against US In A Trade War, Chinese Analysts Say

China is the world’s biggest importer of soybeans, most of which are used for animal feed. In 2017, it was also the second-largest importer of US agricultural products, buying US$19.6 billion of goods, with 63 per cent of that money going on soybeans. Any punitive tariffs on soybeans would have a huge impact on American farmers, many of whom in the nation’s Midwest were big supporters of Donald Trump’s 2016 presidential campaign.

Read Here – South China Morning Post

Also Read: Apple, Boeing, Qualcomm would be biggest losers in a China-US trade war

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