Animation: Monologue of a soybean

CGTN Published: 2018-07-20 17:13:13
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Hi, everybody. I am a soybean. I may not look like much, but I'm very important. Of course, you all know I'm the key to tofu and soy sauce. But my family and I can also be made into soybean oil, which goes into all of your favorite foods, like cakes, cookies, and bread.

Humans aren't the only ones that eat us as we're an essential food source for farm animals such as chickens, pigs, cattle, and fish.

But I'm not only here to give you a lesson on what we are. I've been in the news lately because I'm caught in the middle of a trade war involving the two powerful countries of China and the United States.

Soybean farmers will probably no longer support Donald Trump.‍ [Photo: CGTN]

Soybean farmers will probably no longer support Donald Trump.‍ [Photo: CGTN]

US President Donald Trump has imposed tariffs on billions of US dollars' worth of Chinese imports. In return, China has done the same, levying taxes on many products from the US, and one of them is – you guessed it – soybeans.

You see, China is the world's largest consumer of soybeans. In fact, it imports 85 percent of the crop. About a third of that is from the US, making it the second largest provider of soybeans for the world's most populous country.

America, on the other hand, exports much of the crop to the rest of the world. Most of the US' soybean exports -- 62 percent -- go to China. More expensive soy could mean that China will look to other sources for the bulk of its imports. As two of the top soybean suppliers to China, Brazil and Argentina could pick up the slack. If that happens, soybean farmers in the US could take an even greater hit. The crop's prices in the US already dropped by 18 percent from May to early July amid fears of a trade war, the lowest so far this year.

Why is Trump doing this now? Maybe it's because many US lawmakers are up for re-election in November, and Trump wants to win over more voters by starting a trade war.

Many US lawmakers are up for re-election in November. [Photo: CGTN]

Many US lawmakers are up for re-election in November. [Photo: CGTN]

But the funny thing is that those voters whom Trump thinks will rally behind his trade actions will be hurt by this conflict. That's because China's retaliatory response in raising tariffs on soybeans will affect the top 10 soybean-producing states in the US. Nine of them supported Trump in the 2016 presidential elections. What's more, Iowa, Minnesota and Ohio are traditional swing states.

So will voters there turn out to support Trump and the Republicans once they get hit in the pocketbooks?

Script writer: Wang Xiaonan

Animation consultant: Luo Qing

Animation director: Hu Dacheng

Animation producers: Kong Qinjing, Zhang Jiajia

Voice-over: Henry Zheng

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LU Xiankun Professor LU Xiankun is Managing Director of LEDECO Geneva and Associate Partner of IDEAS Centre Geneva. He is Emeritus Professor of China Institute for WTO Studies of the University of International Business and Economics (UIBE) and Wuhan University (WHU) of China and visiting professor or senior research fellow of some other universities and think tanks in China and Europe. He also sits in management of some international business associations and companies, including as Senior Vice President of Shenzhen UEB Technology LTD., a leading e-commerce company of China. Previously, Mr. LU was senior official of Chinese Ministry of Commerce and senior diplomat posted in Europe, including in Geneva as Counsellor and Head of Division of the Permanent Mission of China to the WTO and in Brussels as Commercial Secretary of the Permanent Mission of China to the EU. Benjamin Cavender Benjamin Cavender is a Shanghai based consultant with more than 11 years of experience helping companies understand consumer behavior and develop go to market strategies for China. He is a frequent speaker on economic and consumer trends in China and is often featured on CNBC, Bloomberg, and Channel News Asia. Sara Hsu Sara Hsu is an associate professor from the State University of New York at New Paltz. She is a regular commentator on Chinese economy. Xu Qinduo Xu Qinduo is CRI's former chief correspondent to Washington DC, the United States. He works as the producer, host and commentator for TODAY, a flagship talk show on current affairs. Mr. Xu contributes regularly to English-language newspapers including Shenzhen Daily and Global Times as well as Chinese-language radio and TV services. Lin Shaowen A radio person, Mr. Lin Shaowen is strongly interested in international relations and Chinese politics. As China is quite often misunderstood in the rest of the world, he feels the need to better present the true picture of the country, the policies and meanings. So he talks a lot and is often seen debating. Then friends find a critical Lin Shaowen criticizing and criticized. George N. Tzogopoulos Dr George N. Tzogopoulos is an expert in media and politics/international relations as well as Chinese affairs. He is Senior Research Fellow at the Centre International de Européenne (CIFE) and Visiting Lecturer at the European Institute affiliated with it and is teaching international relations at the Department of Law of the Democritus University of Thrace. George is the author of two books: US Foreign Policy in the European Media: Framing the Rise and Fall of Neoconservatism (IB TAURIS) and The Greek Crisis in the Media: Stereotyping in the International Press (Ashgate) as well as the founder of chinaandgreece.com, an institutional partner of CRI Greek. David Morris David Morris is the Pacific Islands Trade and Investment Commissioner in China, a former Australian diplomat and senior political adviser. Harvey Dzodin After a distinguished career in the US government and American media Dr. Harvey Dzodin is now a Beijing-based freelance columnist for several media outlets. While living in Beijing, he has published over 200 columns with an emphasis on arts, culture and the Belt & Road initiative. He is also a sought-after speaker and advisor in China and abroad. He currently serves as Nonresident Research Fellow of the think tank Center for China and Globalization and Senior Advisor of Tsinghua University National Image Research Center specializing in city branding. Dr. Dzodin was a political appointee of President Jimmy Carter and served as lawyer to a presidential commission. Upon the nomination of the White House and the US State Department he served at the United Nations Office in Vienna, Austria. He was Director and Vice President of the ABC Television in New York for more than two decades.