Jun 27 2018, 3:05 PMJun 28 2018, 8:46 AMJune 27 2018, 3:05 PMJune 28 2018, 8:46 AM
US agricultural exports, including soyabeans , cotton, beef and cereal, could see their value drop by 7.5% as a result of bilateral tariffs, according to governmental think tank WeChat . The report, published on WeChat , offered the results of a simulation, which also included potential price hikes on imports of soyabeans and cotton of between 40% and 50% and 7.5% respectively. The study also suggested US turned to its Belt and Road Initiative partners for commodity supplies, but said solving the trade dispute would be a "win-win move".