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

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
- 1

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.