Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
The Goldman Sachs technology M&A team, led by Sam Britton, has cashed in on its software focus and decades of experience to dominate 2019's biggest deals.Technologyread more
American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
The summit comes amid fears over a global economic slowdown, and U.S. tensions over trade allies, Iran and Russia.Politicsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread more
Trump does have some powerful tools that would not require approval from U.S. Congress.Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
As demand for lab monkeys continues to rise, U.S. scientists are reporting delays in research projects because they can't obtain enough animals, according to the National...Politicsread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread more
* Some soybean cargoes delayed to take advantage of VAT cut
* High tariffs on U.S. soybeans continue to curb imports
* Demand falls on African swine fever epidemic (Adds background; analyst comments)
BEIJING, May 8 (Reuters) - China's soybean imports in April jumped 10.7 percent from the same period a year earlier, customs data showed on Wednesday, as shipments delayed from March reached the world's top oilseed buyer.
China imported 7.64 million tonnes of soybeans in April, according to data from the General Administration of Customs. That is up from 6.9 million tonnes a year earlier and up 55 percent from 4.92 million tonnes in March.
Soybean cargoes were delayed to arrive in April to take advantage of a cut in the value-added tax (VAT) on agricultural products effective from April 1.
"Soybean arrivals were not that big in March. Many have moved shipments to April due to VAT rate adjustment... Most of the cargoes were Brazilian beans. Some U.S. shipments were delayed as well," said Xie Huilan, an analyst with Cofeed, an agribusiness research firm.
Imports for the first four months of 2019 were 24.39 million tonnes, down 7.9 percent from the same period last year, as high tariffs on shipments from the United States continued to curb imports.
China slapped a 25 percent tariff on U.S. soybeans last July as part of a trade war between the world's two largest economies.
The United States and Brazil were the two biggest suppliers of soybeans until the start of the trade war.
The tariffs brought imports of U.S. beans to a virtual halt until the two countries agreed to a truce on Dec. 1. China has bought about 14 million tonnes of U.S. beans since then.
But another 6 million tonnes of anticipated purchases could be in jeopardy after U.S. President Donald Trump warned on Sunday he would impose additional tariffs on Chinese goods this Friday.
Demand for the oilseed has fallen after an epidemic of incurable African swine fever killed millions of pigs in China, the world's top animal feed consumer. (Reporting by Dominique Patton and Hallie Gu; editing by Christian Schmollinger)