• China is loading up on soybeans amid US trade war fears.
• China's soybean imports rose 6.5% in 2024, hedging against potential Trump trade policies.
• Intensifying US-China trade tensions could hit the soybean trade, impacting US farmers and rural economies.

China is stockpiling more than semiconductor chips amid its trade war with the US.

Last year, China imported a record 105.03 million metric tons of soybeans — a key crop that was embroiled in Donald Trump's tariff war with China during his first presidency.

China's import of US soybeans, in particular, also spiked last year, rising 6.5% from 2023, according to Reuters' calculations of official customs data.

Buyers from China — the world's largest soybean consumers — were likely stocking up on the crop to hedge any geopolitical risks ahead of Trump's second term, analysts said.

Trump has threatened to put 60% tariffs on all Chinese goods during his second presidential term, igniting fears of an intensification in trade tensions.

"If the US ramps up tariffs on Chinese imports, China could target US agricultural imports as retaliatory tariff countermeasures," Rajiv Biswas, an international economist and the author of "Asian Megatrends," told Business Insider.

"US soybean imports are likely to be a key target for China's retaliatory tariff measures due to the very large scale of China's soybean imports from the US," he added.

The power of the soybean market

The US is the world's second-largest soybean producer after Brazil. It accounts for about a quarter of China's import of the oilseed, which it typically uses for animal feed.

During his first term as president, Trump slapped heavy tariffs on Chinese imports.

In response, China imposed 25% tariffs on US agricultural produce, including soybeans, sending American soybean exports to China sharply lower.

The tariffs on some of these farm imports were waived ahead of the US-China trade deal in January 2020.

Impact on American farmers

A replay of retaliatory tariffs during Trump's second presidency could hit US soybean farmers.

"In a scenario where China imposes retaliatory tariffs on US soybeans in 2025, the impact would again likely be a substantial economic loss for the US soybean industry," said Biswas.

A study from the American Soybean Association and the National Corn Growers Association shows that a new trade war would result in an "immediate drop in corn and soy exports to the tune of hundreds of millions of tons."

"Brazil and Argentina would claim the lost market share, which would be extremely difficult for American growers to reclaim in the future," the two associations said in October, cautioning against a trade war.

There isn't enough demand from the rest of the world to offset a major loss of soybean exports to China, they added.

A trade war would create a "ripple impact across the US, particularly in rural economies where farmers live, purchase inputs, use farm and personal services, and purchase household goods," wrote the two agriculture trade associations.

As it is, Chinese soybean importers have diversified their sources since Trump's first presidential term, with Brazil a major beneficiary of the trend.

Any decline in Chinese soybean demand — made worse by the country's ongoing economic downturn — would also weigh on the trade in a well-supplied market.

"Although a Trump presidency could reignite US-Mainland China trade tensions and potential Chinese tariffs on US soybean exports, we anticipate that the expected decline in Chinese demand will mitigate price impacts," BMI Research wrote last week.

• LinkedIn is a social network for professional networking and career development.
• Microsoft acquired LinkedIn nearly a decade ago for a whopping $26.2 billion in cash.
• LinkedIn is free, but a subscription version called LinkedIn Premium offers additional features.

Like Facebook, Instagram, Twitter, and a dozen others, LinkedIn is a social network. And like other social networks, it's owned by a big tech company: Microsoft.

But unlike most social networks, LinkedIn is a professional networking site, designed to help people make business connections, share their experiences and resumes, and find jobs.

Microsoft bought LinkedIn in 2016 for $26.2 billion in cash. Microsoft CEO Satya Nadella said at the time that the social network would complement Microsoft's business-focused software, such as Microsoft Office 365, the suite of productivity programs.

Like many tech companies, LinkedIn has had its ups and downs in the post-pandemic years. LinkedIn Premium earned $1.7 billion from subscribers in 2023, executives revealed on a Microsoft earnings call. However, the job cuts that have plagued the tech industry didn't spare the networking site; LinkedIn laid off hundreds of employees in 2023 and 2024.

But despite financial turbulence at the company, LinkedIn is still a valuable networking site used by millions of people and companies all over the world. Here's what you need to know about using the platform:

LinkedIn essentials

Despite the professional focus, LinkedIn is quite similar to social networking sites like Facebook. It's based on principles like connecting to friends (or, in the case of LinkedIn, "connections,"), posting updates, sharing and liking content, and messaging other users.

LinkedIn also puts a professional spin on ideas you know from Facebook. Your profile, for example, becomes a resume, complete with work experience, accomplishments, recommendations, and referrals from colleagues.

The site also offers things you won't find in other places, like a full-featured career board, where you can search for and apply for jobs.

Many employment services are now compatible with LinkedIn — when applying for a position, you may be able to share your LinkedIn profile, which sometimes means you won't need to painstakingly enter your work experience into a long online form.

If you're new to LinkedIn, here's a quick tour around the site.

A quick tour of LinkedIn

• Home is akin to Facebook's news feed. Here you can see posts made by other LinkedIn users, and make your own posts that others can see, like, share, and comment on. Like Facebook, you can limit your posts to just connections in your network, or share your thoughts with everyone.
• My Network is where you can see your existing network of connections, and search for LinkedIn users to invite to join your network. You can also see existing invitations you've received from others.
• Jobs is a comprehensive career site. You can search for and apply for jobs, get information about companies you're interested in, and much more. You can set up notifications and get emails when there are new job postings.
• Messaging leads to an instant messaging platform you can use to chat with people in your network. You can also use it to send messages to people outside your network with something called InMail, if you subscribe to certain tiers of LinkedIn Premium.
• Me is where you can find your profile, which is akin to your resume. Here, you can show your career history by posting your work experience, accomplishments, education, current location, and more. If you have a LinkedIn account, this should be as polished as your actual resume, as you can expect professional connections and recruiters to look at it.

What you can do with LinkedIn

It should be clear that LinkedIn is a tool you can use to enhance your professional networking and job searching activities.

Many people use the site to grow their contacts and find career opportunities, and the Jobs section of the site is a powerful tool for finding and applying for jobs. There are settings on LinkedIn that let you alert recruiters that you're actively job searching as well.

Some people use LinkedIn to enhance their professional reputation by making posts in the news feed, and commenting on other people's posts.

Like most other tech companies in recent years — including Microsoft and its new Copilot tool — LinkedIn has increasingly focused on AI products. LinkedIn has unveiled its own AI-powered writing assistant that can generate personalized suggestions for your profile.

LinkedIn Premium

LinkedIn Premium is a subscription version of LinkedIn that adds a number of additional features, such as online professional development classes, insights into who's viewing your profile, and the ability to instant message anyone on LinkedIn, even if they're not in your network.

LinkedIn Premium offers four types of plans with different price points, depending on your needs. Premium Career is for professionals and job-seekers looking to further their careers, while Premium Business, Sales Navigator, and Recruiter Lite are for employers, businesses, or sales professionals.

The most popular plan, LinkedIn Premium Career, costs $39.99 for one month, or you can purchase an annual package for $239.88. You can also try a one-month free trial.

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