China was America’s third-largest export market last year, and the additional 34% tariff the country has placed on U.S. exports will hit a raft of goods led by electronics, agricultural products, oil and vehicles.

U.S. soybean futures plunged after China levied a new 34% tariff on imported U.S. goods, of which soybeans are one of the largest, causing shares of ADM and Bunge to fall to multiyear lows.

Oil prices plunged on Friday to the lowest level since 2021 and commodities including natural gas and soybeans also dived as China retaliated against U.S. President Donald Trump's aggressive tariffs.

China is the third-biggest buyer of U.S. agricultural products. Now that it has punched back with tariffs on American goods, farmers can expect to feel the pain.

China’s Communist Party mouthpiece, People’s Daily, is rolling out a miniseries this week titled “Fully Understanding the Mutually Beneficial Nature of China-U.S. Relations.” Part 1 cited a Tesla fact

US agricultural exports, fuels and manufactured goods are set to take a hit from China's blanket retaliation against President Donald Trump's sharp tariffs, with both sets of measures due to take effect next week.

The American Soybean Association is concerned about how trade retaliation will impact farmer viability. Director of Government Affairs Virginia Houston tells Brownfield Chinese tariffs on U.S. soybeans have increased to about 60 percent after the latest retaliatory tariff announcement.

Brazilian soybean traders are poised to ship record volumes in the first quarter, driven by strong demand from the world's largest importer, China, which is currently involved in a trade war with the U.