News

Goodbye Chinese ag markets?

U.S. farmers might never recapture lost markets in China.

China’s vice ag minister has said they can easily source ag products from other countries and the U.S. would lose their share of the Chinese market because of the trade war.

He also says China has basically stopped buying soybeans from the U.S. since the beginning of July.

China currently has tariffs on 90 percent of the ag goods it imports from the U.S. and more could be coming if the Trump administration continues to impose retaliatory tariffs.