(link) Agricultural Exports: China strikes back


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Posted by SagoBob on April 04, 2025 at 16:24:23

In case the link doesn't work, here are the first two paragraphs in the article.

But not to worry about the farmers. If the Chinese tariffs stand the Trump Administration will demand that Congress set up some kind of a Crops Support Program to protect America's vital agriculture industry.

"The U.S. agricultural industry is bracing for the potential of tens of billions of dollars in losses after China on Friday announced a 34 percent retaliatory tariff on imports from the United States.

China’s counterpunch to worldwide levies announced by the Trump administration this week will hit American farmers hard. China, which consumes 14 percent of all U.S. agricultural exports, took in more than $27 billion worth of those and related products last year, according to the U.S. Department of Agriculture. It is the third-largest importer of American farm goods, behind Mexico and Canada."




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