April 4 (Reuters) - Chicago Board of Trade wheat futures closed lower on Friday as China imposed extra levies of 34% on all U.S. goods, deepening the trade war between the world's two biggest economies, analysts said.
China has not recently been buying U.S. wheat, though tit-for-tat tariffs have raised fears that U.S. agricultural sales will generally suffer.
U.S. soybeans are more at risk for export disruptions to China than wheat or corn, as China is the world's biggest soy importer, traders said.
Beijing retaliated after U.S. President Donald Trump announced a 10% minimum tariff on most U.S. imports, with significantly higher duties for dozens of countries including China.
CBOT May soft red winter wheat WK25 dropped 7 cents to end at $5.29 per bushel and touched a one-week low.
K.C. May hard red winter wheat KWK25 fell 11-1/2 cents to $5.57-1/2 per bushel, and Minneapolis May spring wheat MWEK25 stumbled 6-3/4 cents to close at $5.84-1/2 a bushel.
Euronext wheat futures steadied in late trading.
(Reporting by Tom Polansek in ChicagoEditing by Matthew Lewis)
((Thomas.Polansek@thomsonreuters.com))
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