COTTON SPIN: The costs of continued U.S.-China tariffs
Story Date: 3/13/2019

 

Source:  FARM PROGRESS, 3/11/19


There is an old tradition during a drought to tempt some rain by doing something like washing your car. I am continuing this tradition with this article.  I hope that the U.S.-China tariffs on ag commodities will be resolved by the end of March. I am, therefore, hoping this article is quickly out of date. As of July 6, China has had a 25 percent tariff on U.S. cotton imports. Currently, the U.S. has delayed implementation of an additional 15 percent tariff on Chinese imports, including Chinese apparel imports. These actual and threatened tariffs have likely contributed to a decline in U.S. export sales, if for no other reason than because of the uncertain business climate.

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