Chinese feed makers 'will cope' if soybean imports from US hurt

Beijing

ANIMAL feed makers in China, the world's top soybean buyer, will find ways to cope if a deepening trade dispute with the US hurts imports of US oilseed, the chairman of the nation's top feed maker New Hope Group said on Saturday.

US President Donald Trump announced plans on Friday to impose hefty tariffs on imported steel and aluminium, stirring concerns of retaliation from major trade partners such as China, the world's top agricultural market.

Last month, Beijing fired a salvo across its top trading partner's bow when it launched an investigation into US imports of sorghum, a grain used in livestock feed, and the fiery Chinese liquor baijiu after Washington slapped import pe…