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As China slaps retaliatory tariffs, US soybean growers mull future

2018-07-09 09:24:00       source:Global Times

July 8, 2018

Terry Davidson expects to be farming long after the US-China trade tariffs that took effect Friday become a distant memory. 

The Illinois soybean grower is more optimistic than others that things will work out, but many farmers in the Midwestern farm belt are not so sure, following the opening salvos in a trade war.

All are caught in the middle, after Washington on Friday imposed 25-percent duties on $34 billion worth of Chinese machinery, electronics and high-tech gear.

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