Reuters is reporting that China is buying at least 10 cargoes of Argentine soybeans after Argentina removed grain export taxes. The move further shuts out U.S. soybean farmers from the Chinese market as the U.S. threatens 100% tariffs on China. Caleb Ragland, a farmer and president of the American Soybean Association, told Reuters, “Every time China turns to South America instead of the U.S., soybean farmers and our farm families here at home lose out. Without a trade deal that removes retaliatory tariffs, farmers like me are left watching key opportunities slip away.”