Soybeans hurt little by US tariff moves

China has alternative sources for imports; substitutions possible

Trade frictions between China and the United States will not cause a sharp rise in the price of soybeans - a major agricultural import for China - or their products in the domestic market, according to experts.

China announced in June that it would levy an additional 25 percent tariff on 659 goods worth $50 billion from the US - including agricultural products such as soybeans, pork and beef - in response to the US imposition of tariffs on $50 billion of Chinese goods. The measures took effect on July 6.