If China were to impose a tariff on US soyabeans , imports from the US could drop by up to 71 % , according to Purdue University . Under a 10 % tariff on the US commodity , exports to China would fall by 33 % , but in a 30 % tariff scenario , Chinese imports of the commodity would drop by 71 % , whereas US exports of the commodity fell by 40 % . The study used an advanced version of the global Trade Analysis Project model developed by the university and was conducted on behalf of the US Soybean Export Council .
If China were to impose a tariff on US soyabeans, imports from the US could drop by up to 71%, according to Purdue University. Under a 10% tariff on the US commodity, exports to China would fall by 33%, but in a 30% tariff scenario, Chinese imports of the grain would drop by 71%, making US exports of the product fall by 40%. The study used an advanced version of the Global Trade Analysis Project model developed by the university and was conducted on behalf of the US Soybean Export Council.