A proposal to impose tariffs of 25% on American soya exported to China has the potential to disrupt feed markets across the globe, a leading analyst has warned. State authorities in China have raised the prospect of raising tariffs on soya – a key agricultural commodity – in retaliation for duties that the US government has imposed on the trade of steel.
If diplomacy cannot convince China to back down, then the new tariffs come into force at the beginning of June.
“A month ago, I would p
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