China's response tariffs are direct blow to US farmers


China's response tariffs came into force on Monday, spelling spelling problems for American farmers, making it more expensive for their great buyer to harvest US.

Beijing imposed answers in response to The extra 10% blanket of President Trump on Chinese goodsUnder a number of China's return activities, US farmers now have 15% charges on chicken, wheat and corn on 10% soy, pork, beef and fruits.

China is the largest market for such products, and if the prices of foreign products in China will rise, the locals will affect more expensive alternatives or from other countries. American farmers who make chicken and more likely to lose market share.

“If prices rise, people do not eat imported items,” said the fruit seller, Aganed Schi, Aganed France-Presse said. “There will be more household goods, and I think this is something they can accept.”

Agency told that if the United States prices causes prices, she can search for fruits and vegetables from Thailand and Malaysia.

Products that were delivered until Monday and arrived in China on April 12, will not be subjected to new tariffs.

“Network of Uncertainty”

John Boyd Jr., President of the National Fields Association John Boyd Jr., said that Mr. Trump's trading conflict with China hits farmers hard.

For one's finger on one's earlier traber Tariff Policy Mexico and Canadian Vis-A-Vos: “It has set a network of uncertainty over agriculture,” Boyd said to CBS MoneyWatch. “You are really shocking all the main products we produce in the United States because we are a market-built industry.”

Farmers carry the effects of the trade war with the key partners of the US trade partners, added Boyd. “The president uses American farmers for the transaction, but at the end of the day we are harming them.”

Nick Levandofsky, CEO, told CBS MoneyWatch that the industry expected Mr. Trump for imposing charges on key traders in the United States, but that he could not be the villager.

“Of course, agricultural products are subject to response to action tariffs, and farmers tend to be the first and most difficult thing in a commercial war.

He explained that US-central farmers collide with high input costs, including seeds, fertilizers, chemicals, fuel and equipment, which is necessary to run their economies. While commodity prices are low.

“This trading war and these tariffs increase that very stressful time and do not help the farm. When farmers don't make money, they don't spend money, and it directly blows in the rural economy, “he said.



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