Markets quickly absorbs the elasticity. The waste you are pointing out only occurs for the goods currently in transit or in process at the time the tariff appea

Markets quickly absorbs the elasticity. The waste you are pointing out only occurs for the goods currently in transit or in process at the time the tariff appears. Future shipments will be able to price in the tariff. Article mentions that China is searching for alternatives, but Brazil will run out of Soya this time of year.