A ship scheduled to carry 36,000 metric tonnes of soyabeans from the US to China has changed its destination to South Korea a day after it was due to arrive at its original destination. The Star Laura departed from Seattle in late September but is now due to dock at Yeosu, South Korea due to the 25% tariffs placed on US soyabeans as part of the US-China trade war. Soybeans are one of America’s most important export crops, and President Donald Trump imposed steep import duties last month that have caused soybean prices to plummet.
A ship scheduled to carry 36,000 metric tonnes of soyabeans from the US to China has changed its destination to South Korea a day after it was due to arrive at its original destination. The Star Laura departed from Seattle in late September but is now due to dock at Yeosu, South Korea due to the 25% tariffs placed on US soyabeans as part of the US-China trade war. The news follows two earlier US ships carrying the commodity to China which changed course, along with two further soyabean-carrying vessels which reached China but are yet to unload their cargo.