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Tariff escalations trigger another decline in US farm exports to China

Summary
MinotVoice
MinotVoice
Source
Investigate Midwest
Mónica Cordero

Investigate Midwest

America’s farmers are once again caught in the crossfire of a trade fight with China. After tariffs first shifted soybean and corn markets toward South America in 2018 and 2019, a second, broader trade war is now weighing even heavier. Over the past year, U.S. farm exports to China have dropped nearly 40%, with soybeans, beef, and cotton taking the biggest hit. Mexico has now passed China as the top buyer of U.S. crops, while a temporary tariff truce holds until November. Mónica Cordero with Investigate Midwest has the full story.

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