Tariff truce brings little relief for US soy farmers Brazil’s price edge, unfulfilled trade promises keep China buying elsewhereA surprising tariff pause between Beijing and Washington will not help US farmers gain soy sales in China without additional concessions, producers said, because top-supplier Brazil still has a competitive price advantage, reported Reuters. Soybean export premiums fell in Brazil on the de-escalation, reflecting expectations that China could buy more from the US. Brazil, the biggest soy supplier to China, has ample supplies from a record harvest and its farmers do not face the Chinese tariff that US competitors do. China, the world's largest crop importer, already sources roughly 70% of its soybean imports from Brazil. The truce did little to address underlying issues that led to the dispute, including the US trade deficit with China that has aggravated some farmers.