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Soybean farmers warn tariffs and retaliation are already shrinking markets and incomes
Summary
American Soybean Association testimony and senators' questions highlighted a sharp drop in U.S. soybean market share to China after the 2018 trade war and current retaliatory duties; witnesses urged rapid negotiations and expanded market‑development funding to restore export markets.
Witnesses representing U.S. soybean farmers told the Senate Finance Committee on May 14, 2025, that tariffs on U.S. goods and retaliatory duties abroad have substantially reduced export volumes to China and threatened farm incomes and rural communities.
The American Soybean Association witness introduced herself as Kayla Braglin, a ninth‑generation soybean farmer and the association’s president, and said China is “the largest market for oilseeds, importing approximately 110,000,000 metric tons or 60% of global soybean trade.”…
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