Agriculture commodities caught in China-U.S. tit-for-tat tariff threats

by

Opinion

When you feel that you have nothing to lose, you are at your most dangerous. With China proposing steep tariffs on U.S. pork, soybeans, cotton, tobacco, frozen orange juice, and corn, the market is trying to determine the probability this all comes to fruition as the bluster heats up. When you’re already $500 Billion DOWN, you can’t lose! — Donald J. Trump (@realDonaldTrump) April 4, 2018 The debate over the importance of trade deficits rages on, but the real concern for farmers in North America is what impact this will have on prices at the farm gate in 2018. From…

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