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Global trade war to be a boon for Black Sea grain

Updated : July 10, 2018 11:14 PM IST

New opportunities to sell wheat, corn and soybeans to China and even the European Union are set to open up for the region's main exporters Russia, Ukraine and Kazakhstan.
China is the world's top wheat producer but still imports about 4 million tonnes of the grain each year.
The United States and China slapped tit-for-tat duties on $34 billion of each other's imports on Friday, with Beijing accusing Washington of triggering the "largest-scale trade war".
Global trade war to be a boon for Black Sea grain

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