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REFILE- US tariffs pose no threat to China's grain supply, official says

ReutersMar 28, 2025 7:13 AM

- U.S. tariffs do not threaten China's grain supply because markets had already anticipated the Trump administration's measures, a senior economist at the Chinese government's National Grain and Oil Information Center said on Friday.

"However, these trade policies will significantly impact global trade patterns," Wang Liaowei said at the 6th Oils and Oilseeds Industry Summit in Tianjin.

"If the trade situation remains unchanged by this year's U.S. soybean harvest season, it's possible that China's dependence on Brazilian soybeans could reach 80%."

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