On December 22, Reference News quoted Reuters as saying that US President-elect Trump indicated that he would impose a 10% tariff on Chinese goods after taking office, resulting in many fermentation events before he takes office in January next year. Relevant Chinese companies purchased about 750,000 tons and 500,000 tons of US soybeans last week and this week respectively.

Reuters quoted two informed traders on the 20th as saying that relevant Chinese companies purchased 500,000 tons of US soybeans this week, which will be delivered in March and April next year. China also ordered 750,000 tons of US soybeans last week, which are expected to be delivered from January to March next year.

The report said that China is the world's largest soybean importer and an important market for the United States and Brazil. In 2023, the combined soybean supply of these two countries accounted for more than 90% of China's imports.

In fact, the impact of the "Tariff War 2.0" that Trump may launch on international commodity trade is more than that. Earlier this month, it was also reported that China may cancel more US wheat orders due to concerns that Trump would increase tariffs, which also gave the Argentine government an opportunity. Relevant companies actively contacted China in the hope of becoming an import substitute for wheat.