Source: Tom Karst, THE PACKER, 8/5/19


   
China said Aug. 5 it would no longer buy U.S. farm commodities, signaling another escalation in a more than year-long trade battle with the U.S. President Trump’s recent decision to raise tariff rates on $300 billion worth of Chinese imports starting Sept. 1 sparked retaliation by China in the form of a currency devaluation and a pledge by China to stop buying U.S. agricultural commodities.

For more of this story, click here.