Japan mulls expanding imports of soybeans, corn in U.S. tariff talks

The Japanese government is considering increasing imports of U.S. soybeans and corn as part of ongoing negotiations with Washington over U.S. President Donald Trump's imposition of tariffs on automobiles, steel, aluminum and other goods, a government source said Friday.Japan is looking to step in and take up excess supply created by falling U.S. exports of the two crops to China due to heightened trade friction between Washington and Beijing. By doing so, it hopes to win exemptions from U.S. tariffs, the source said.Imported corn can be used as animal fodder and converted to bioethanol fuel…READ FULL ARTICLE