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With the ongoing trade wars between the U.S. and China, the newly imposed tariffs could do more harm than good in terms of Chinese exported goods.
As trade tariff negotiations continue between the United States and China, the central bank is poised on raising interest rates to break even inflation.
The trade war between the U.S. and China has overwhelming detrimental effects on each other's agriculture, technology, goods and economy.
More soybean and soybean meals were sold last week in anticipation of China’s retaliation against the Trump administration’s trade tariffs.