Tariff crossfire hits plant proteins

Pea protein prices rise amid developing global trade war, soy remains steady.

It's a mess of import taxes: China slapped Canadian pea imports with a 100% tariff. America hit Chinese imports with a 10% tariff, and China hit back with its own 10% tariff.

Plant protein commodities are just one target of the escalating global trade war, which means that food producers may have to reformulate products to minimize the sudden cost…