American Farmers Are Collateral Damage in Trump’s Trade War... “Folks are getting pretty nervous.”
https://www.motherjones.com/food/2018/03/american-farmers-trump-china-trade-war-tariffs-pork-nuts-soybeans/
From the Midwest’s soybean fields to nut groves out West, US farmers look to absorb the bulk of the showdown’s fallout. That’s because cargo boats that arrive in US ports packed with Chinese-made smartphones and metals return in large part stuffed with US-grown food, including soybeans, pork, fruit, and nuts.
Impact of Chinese trade war: What American farmers produce is suddenly worth less money...
http://thehill.com/opinion/energy-environment/381652-impact-of-chinese-trade-war-what-american-farmers-produce-is
The dispute between the United States and China poses a direct threat to my livelihood. Because of the new and emerging tariffs on both sides, the things I grow will sell for less and the things I buy will cost me more.
This week the price of hogs dropped $12 for every pig I sell. This morning, soybeans are down 40 cents a bushel — a $1.7 billion loss to the value of U.S. soybeans. And if I want to make new capital purchases of machinery or grain bins — anything made with steel or aluminum — I’ll have to pay a higher amount.
https://www.motherjones.com/food/2018/03/american-farmers-trump-china-trade-war-tariffs-pork-nuts-soybeans/
From the Midwest’s soybean fields to nut groves out West, US farmers look to absorb the bulk of the showdown’s fallout. That’s because cargo boats that arrive in US ports packed with Chinese-made smartphones and metals return in large part stuffed with US-grown food, including soybeans, pork, fruit, and nuts.
Impact of Chinese trade war: What American farmers produce is suddenly worth less money...
http://thehill.com/opinion/energy-environment/381652-impact-of-chinese-trade-war-what-american-farmers-produce-is
The dispute between the United States and China poses a direct threat to my livelihood. Because of the new and emerging tariffs on both sides, the things I grow will sell for less and the things I buy will cost me more.
This week the price of hogs dropped $12 for every pig I sell. This morning, soybeans are down 40 cents a bushel — a $1.7 billion loss to the value of U.S. soybeans. And if I want to make new capital purchases of machinery or grain bins — anything made with steel or aluminum — I’ll have to pay a higher amount.