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Source: NEWS & OBSERVER, 4/12/18
Newspaper headlines are focused on a looming trade war between the US and China. After President Trump placed a 25 percent tariff on Chinese imports of steel, China retaliated with a 25 percent tariff on several U.S. products, including pork. Media reports that the tariff from China has unsettled an important part of Trump’s political base, rural farmers. The U.S. exports over a quarter of its hog production, a major portion of which goes to China. In the same vein, North Carolina exports 25 percent of its hog production, 15 percent of which goes directly ... For more of this sotry, click here.
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