Peak Pegasus, a cargo ship carrying 70,000 tons of US soybeans, docked at a port in the northeastern Chinese city of Dalian at around midnight on Sunday. The vessel was expected to deliver its shipment on July 6, but due to limited warehouse capacity and congestion at the facility, it had to stay at sea. Sinograin, the Chinese grain buyer of the shipment, said it will pay the 25 percent tariffs China imposed on US soybeans in retaliation to US President Donald Trump's duties on Chinese imports.