Brazil widens lead over US in China’s soybean market despite Trump-Xi deal
- Posted on July 20, 2026
- By South China Morning Post
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- 1 min read
Brazil consolidates its dominant position in China's soybean imports, expanding market share even as US-China trade tensions ease following recent diplomatic negotiations. The South American agricultural powerhouse leverages competitive pricing, reliable supply chains, and strategic trade agreements to outpace American competitors. This shift reflects broader changes in global commodity markets and China's diversified sourcing strategy, despite potential tariff reductions from US-China trade settlements.
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