xi's moments

US farm participants face uncertainty with tariffs

chinadaily.com.cn | Updated: 2018-04-17 05:20

As usual in April, farmers are preparing to plant their soybean and corn crops. Faced with a potential tit-for-tat trade war between the US and China, the only sure thing for farmers is uncertainty. Soybean is Iowa's second main crop behind corn. China was the United States' largest buyer of soybeans last year: $12.3 billion, according to the Department of Agriculture. If China's threat of a 25% tariff on soybeans is implemented in retaliation for President Trump's proposed tariffs on Chinese goods, it would be a harsh blow for farmers and the state's economy.

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349