China halts imports of soybeans from the US for the first time in seven years

China did not import soybeans from the United States in September for the first time since November 2018, with shipments falling to zero. In contrast, purchases of soybeans from South America grew compared to the previous year. This movement occurs amid the trade dispute between the two countries and the tariffs imposed by the U.S. on Chinese products. According to the consultancy Safras & Mercado, soybean imports from Brazil rose 29.9% in September compared to the previous year, reaching 10.96 million tons, according to data from the General Administration of Customs. Year-to-date, the volume imported from Brazil reached 63.7 million tons, 2.4% higher than recorded in 2024. From Argentina, the country imported 1.17 million tons, an increase of 91.5% from the same month last year. In light of this scenario, U.S. President Donald Trump stated that he may reduce tariffs on Chinese products, but imposed conditions. Among them are the ...