China cancels US soybean purchases as trade war takes hold

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The trade war may have just started, but China has already been making moves in the soybean world as U.S. shipments originally destined for the nation have been canceled or...

FILE — Soybeans by the bushel, in Johnston, Iowa, Dec. 15, 2006. A trade war between the world’s two largest economies officially began on Friday, July 6, 2018, as the Trump administration followed through with its threat to impose tariffs on $34 billion worth of Chinese products. Previously, the Chinese government had said it would tax pork, soybeans and automobiles, among other products. (Lynn Walters/The New York Times/Copyright 2018)

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