GRAINS-Soybeans slump as U.S. considers escalating Chinese tariffs

* Soybeans fall as much as 2.5 pct

* U.S. considering additional tariffs on China

* Corn falls more than 1 pct, wheat edges lower

SYDNEY, April 6 (Reuters) - U.S. soybean futures fell as much as 2.5 percent on Friday after Washington threatened further tariffs on China, fueling fears of a full-scale trade war between the world's two largest economies that may hit demand for American supplies of the grain. Corn fell 1 percent, losing half the gains from the previous session, while wheat also fell. The most active soybean futures on the Chicago Board of Trade were down 1.9 percent to $10.11-2/3 a bushel by 0027 GMT, having earlier hit a low of 10.03 a bushel. Soybeans hit a low of $9.83-1/2 a bushel on Wednesday - the lowest since Feb 9. Market sentiment immediately soured after President Donald Trump said he had instructed U.S. trade officials to consider $100 billion in additional tariffs on China, escalating an already heated trade dispute between the countries. "The market came back after tanking on Wednesday and I think the market had it's fingers crossed that they would come back from the edge but there doesn't seem any sign of that," aid Phin Ziebell, an agribusiness economist at National Australia Bank. The most active corn futures were down 1.4 percent to $3.84-1/4 a bushel, having jumped 2.2 percent in the previous session. The most active wheat futures were down 0.6 percent to $4.62 a bushel, having closed up 2 percent on Thursday.

Grains prices at 0027 GMT

Contract Last Change Pct chg Two-day chg MA 30 RSI CBOT wheat 462.00 -2.75 -0.59% +1.37% 473.32 57 CBOT corn 384.25 -5.25 -1.35% +0.85% 382.88 54 CBOT soy 1011.75 -19.50 -1.89% -0.34% 1041.62 39 CBOT rice 12.35 -$0.04 -0.36% -0.60% $12.37 49 WTI crude 63.12 -$0.42 -0.66% -0.39% $62.90 42

Currencies

Euro/dlr $1.225 $0.001 +0.10% -0.22% USD/AUD 0.7677 -0.001 -0.09% -0.51%

Most active contracts Wheat, corn and soy US cents/bushel. Rice: USD per hundredweight RSI 14, exponential

(Reporting by Colin Packham Editing by Aaron Sheldrick)