Home > Tools > News > ENOUGH IS ENOUGH ON TRADE WAR, U.S. AG GROUPS SAY ADDITIONAL CHINESE TARIFFS MEAN MORE TROUBLE FOR U.S. AGRICULTURE, FARM BUREAU SAYS
Aug 26, 2019 at 08:15 AM CST
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DES MOINES, Iowa -- U.S. agricultural commodities groups have had enough with trade tariffs and the lack of progress. On Friday, China announced it will impose an extra 5% tariff, in addition to the 25% tariff imposed a year ago, on U.S. soybeans starting Sept. 1 and an additional 10% duties on other major U.S. crops starting mid-December. Earlier this week, China signaled that it would retaliate if the U.S. carried through with its plan to up tariffs on Chinese goods September 1. |