AgDaily reported that “China’s retaliatory tariffs on U.S. agricultural goods wiped out an estimated $14.9 billion in export sales over a 12-month period, according to a new North Dakota State University analysis, with soybeans taking the biggest hit.” “The report, A One-Year Retrospective Assessment of China’s 2025/26 Retaliatory Tariffs on U.S. Agricultural Exports, found that from March 2025 through February 2026, U.S. agricultural exports to China fell sharply after Beijing imposed new retaliatory tariffs tied to fentanyl-related trade actions and reciprocal tariff escalations,” AgDaily reported. “Researchers Shawn Arita, Sandro Steinbach, and Xiting Zhuang said soybeans alone accounted for roughly half of the losses,” AgDaily reported. “‘Soybeans account for approximately $6.8 billion, or roughly half of the total,’ the study found, while ‘beef and cotton each contribute about $1.3 billion, tree nuts about $964 million, and corn another $333 million.’”

Full report : China’s retaliatory tariffs on U.S. agricultural goods wiped out an estimated $14.9 billion in export sales over a 12-month period.