China’s response to tariffs hitting soybean farmers hard
Story Date: 8/30/2018

 

Source: Forrest Laws, FARM FUTURES 8/29/18


It probably seemed like a simple idea: Impose 25 percent tariffs on $34 billion of Chinese products to get China to stop stealing American intellectual property and technology, and they’ll cave in. But things are rarely as simple as they seem in international trade, and the backlash to the tariffs on Chinese exports is now inflicting the most pain on a group who voted almost exclusively for President Trump – U.S. farmers.

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