US Farmers Face Higher Costs , Fewer Markets from Tariffs, Farm Groups Warn
U.S. President Donald Trump's new tariffs on goods from Canada, Mexico and China threaten to hurt the $191 billion American agricultural export sector and raise costs for farmers struggling with low crop prices, farm groups warned on Tuesday.
Trump imposed 25% duties on imports from Mexico and Canada and doubled duties on Chinese goods to 20%, sparking trade wars with the biggest buyers of U.S. farm products.
Canada and China targeted American products including wheat and poultry with retaliatory levies, while farm groups said U.S...
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