The Soybean Tipping Point: What a Sudden Shift in Trade Says About Global Commerce The latest development in the ongoing trade war between the US and China has been brewing quietly, but its significance should not be underestimated.
At the heart of this dispute is the soybean, a humble hero of American agriculture that for decades was a staple of Chinese imports.
China's reliance on US grown soybeans was once seen as a testament to the strength of bilateral trade ties. The country's massive demand drove up prices and created a lucrative market for US farmers.