China’s Soybean Feud with Trump Leaves US Farmers with Huge Crops and Few Buyers
This fall, US farmers are harvesting a soybean crop so immense, it covers more acres than New Mexico. And their biggest buyer — China — has walked away.
Beijing imposed retaliatory tariffs on US farm goods in March, effectively slamming the door shut on US soybean imports for commercial buyers before the harvest even began. The move has given China leverage in its trade war with President Donald Trump by squeezing the farmers who form a key part of his base.
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.