EN 
PT_BR 
The reciprocal reduction in tariffs announced between the two largest economies in the world brought relief to several agricultural products, but left the soy The decision maintains a significant barrier to grain trade and preserves an important competitive advantage for other suppliers, including Brazil.
The agreement, announced on September 28, provides for tariff cuts in a package worth US$$ 60 billion and includes wheat, corn, sorghum, vegetable oils, bran, meat, and dairy products. Soybean oil and meal were also included. However, US soybeans remain subject to a retaliatory tariff of 10% in China, which restricts the activities of private importers and keeps purchases concentrated mainly in state-owned enterprises.
The American Soybean Association expressed dissatisfaction with the exclusion of the grain, but positively assessed the Chinese commitment to purchase at least 25 million tons of soybeans from the United States per year in 2026, 2027, and 2028. The organization believes that this volume offers greater predictability to producers and advocates for new negotiations to expand access to the Chinese market.
The United States and China also committed to holding two more meetings before the new trade truce expires on January 10, 2027. The association further stated that policies focused on biodiesel remain relevant to sustaining domestic demand for U.S. soybeans.
For Brazil, the scenario keeps attention focused on the Chinese market. According to the material, China buys about 71% of its soybeans from Brazil, favored by lower import costs and record production in South America. The country became the main supplier after the trade war that began in 2018.
