Impact of Chinese-US Trade War on Soybean Industry in Heilongjiang Province

Yuhong Huang, Feng Feng*

School of Economics and Management, Tianjin Agricultural College, Tianjin, 300384, China

Abstract: In 2018, China and the United States launched a trade war. The United States raised tariffs on Chinese imports. As a counter-attack, China raised tariffs on American soybean exports. Heilongjiang Province is the largest soybean planting area in China. This paper analyses the situation of soybean import and export output in Heilongjiang Province in recent years, and analyses the influencing factors of Chinese-US trade war on soybean import and export in Heilongjiang Province, and puts forward solutions to this problem. Studying the influence of Heilongjiang soybean industry on Chinese-US trade war will be helpful to analyze the development and development trend of China's soybean industry and how to revitalize the soybean industry.

Keywords: Chinese-US trade war; Heilongjiang province; Soybean industry; Impact analysis