This photo taken on August 6, 2018 shows workers transferring sacks of animal feed made from soybeans, which are imported from Brazil, at a port in Nantong in China's eastern Jiangsu province. (China OUT / AFP)
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A vessel carrying U.S. soybeans was unloading its cargo worth at least $23 million at the Chinese port of Dalian on Monday, becoming one of the first shipments to incur hefty new import duties as the trade row deepens between Beijing and Washington.China's state grains stockpiler Sinograin confirmed in a fax to Reuters it will pay the additional 25 percent import tariff on its 70,000 tonne cargo of the oilseed.Peak Pegasus started unloading its cargo on Saturday, a port official said on Monday, more than a month after it arrived off China's coast just hours after Beijing imposed 25 percent import duties on $34 billion worth of U.S. goods, including soybeans.Last week, Washington said it would start collecting tariffs on another $16 billion worth of Chinese imports from Aug. 23, as it tries to pressure China to negotiate trade concessions.
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