How U.S. Soybeans Can Skirt Trade-War Tariffs to End Up in China
U.S. soybeans can still make it to China without paying the 25 percent tariff -- they just have to take a 5,500-mile (8,850-kilometer) diversion via Argentina. Here’s a step-by-step breakdown of how the trade would happen. An unusual flood of U.S. beans to Argentina could be processed by that nation’s huge crushing industry and sent to China as soy meal. Argentina is the world’s biggest exporter of meal, made from the crushed oilseed and used as animal feed.Beans from the U.S. are going to Argentina after one of the worst droughts in decades crippled production on the Argentine Pampas. [node:read-more:link]