Business  Trade

Tariffs on China in effect today; they clap back with their own

February 04, 2025 09:37 AM • 
RFD NEWS STAFF, Currey McCullough

New tariffs are in effect in China today.

President Trump has added a 10 percent tariff to all imports. Overnight, China hit back with a 10-15 percent tax on all U.S. farm machinery, oil, coal, and liquid natural gas.

So far, the soybean market seems to be shrugging it off.

The tariffs take effect on February 10th.

Related Stories
PsooXSQ6.jpg
Trade
Recent trade action likely isn’t priced into the markets yet, analysts say
April 16, 2025 10:17 AM
 · 
RFD NEWS STAFF
H1cWiWyN.jpg
News
Rep. Dan Newhouse believes that Trump’s 90-day tariff pause is a smart choice
“I can tell you that it is, in my estimation, a smart thing to do.”
April 15, 2025 12:15 PM
swaying canadian vote 1280.jpg
World News
U.S. tariffs are impacting the lead-up to Canada’s election!
April 15, 2025 11:54 AM
AQKHaXYx.jpg
Trade
The 90-day tariff pause is a good thing for many Northwest farmers, according to lawmakers
April 15, 2025 09:53 AM
 · 
RFD NEWS STAFF
bRoKfQZT.jpg
Trade
Tomato Tariffs Return: The U.S. is reinstating duties on Mexican tomatoes
April 15, 2025 09:37 AM
 · 
RFD NEWS STAFF
idHOvDZs.jpg
News
President Trump issues executive order to help revitalize the maritime industry
April 14, 2025 04:59 PM
Load More

Tariffs Asia Exports Imports Ag Equipment Soybeans Energy
RFD NEWS STAFF
RFD NEWS STAFF

LATEST STORIES BY THIS AUTHOR:

RtfuoRoc.jpg
Markets
Harvest'25: Ag Markets Adjust as Harvest Wraps Up Without Access to Most USDA Data
Recent U.S.–China trade developments provided a small lift for soy markets, though most traders are waiting for concrete purchase data before making major moves.
November 04, 2025 12:34 PM
 · 
RFD NEWS STAFF
adcwR4Yz.jpg
Trade
Reports: China Could Follow Soybean Buy with U.S. Wheat Purchase
Wheat futures briefly hit a three-month high before retreating as the markets wait for word on whether the deal will actually happen.
November 04, 2025 12:19 PM
 · 
RFD NEWS STAFF
clifton-tn-antique-district_By-Austin-via-Adobe-Stock.png
Rural Money
Rural Mainstreet Index Drops to Lowest Level Since 2020
According to the new report, seven out of ten rural bankers support President Trump’s recent trade steps with China, expressing cautious optimism about future export potential.
November 03, 2025 01:36 PM
 · 
RFD NEWS STAFF
h10qRDAb.jpg
Rural Health Matters
Rural Health Matters: Caring for Aging Parents in Rural Communities
Dr. Jeffrey Gold discusses ways families can approach changes in aging loved ones over the holiday season and manage care with compassion and empathy.
November 03, 2025 01:24 PM
 · 
RFD NEWS STAFF
UdH7wGkW.jpg
Rural Health
Nationwide Expands Effort to Prevent Grain Bin Entrapments
Laramie Sandquist discusses Nationwide Agribusiness’s commitment to grain bin safety initiatives, including providing life-saving equipment and training to fire departments across the country.
November 03, 2025 01:13 PM
 · 
RFD NEWS STAFF
paht0rcx.jpg
On The Record
On the Record | Sunny Sweeney’s record deal was a product of trusting the process
November 03, 2025 12:55 PM
 · 
Currey McCullough
Load More