China's Impact on U.S. Farming
The American Soybean Association warns that retaliatory tariffs have made U.S. soybeans 20% costlier than competitors, causing zero new crop orders from China for 2025, threatening farmers' incomes.
6 Articles
6 Articles
U.S. soybean farmers buckling under trade war pressure
The American Soybean Association (ASA), representing more than 500,000 U.S. soybean farmers, said Tuesday that U.S. soybean farmers are "standing at a trade and financial precipice," and urged the Trump administration to strike a trade deal with China as soon as possible.
U.S. Soybean Farmers Standing at a Financial Precipice: ASA - teleSUR English
They cannot survive a trade dispute with China, the American Soybean Association pointed out. On Tuesday, the American Soybean Association (ASA) said that U.S. soybean farmers are “standing at a trade and financial precipice,” and urged President Donald Trump to strike a trade deal with China as soon as possible. RELATED: Lula da Silva Aids Brazilian Exporters Hit by U.S. Tariffs “U.S. soybean farmers cannot survive a prolonged trade dispute wit…
ASA prompts Trump to prioritize soybeans in China trade
“The American Soybean Association urged President Trump to prioritize soybeans in United States–China trade talks, warning that retaliatory tariffs could shut U.S. farmers out of their largest export market heading into harvest,” Total Farm Marketing said.
MSGA: China trade deal needed as harvest nears
An economic crisis is looming in farm country as harvest approaches, and the Minnesota Soybean Growers Association (MSGA) is sounding the alarm before it’s too late. “The crop is looking solid, but we need to get our soybeans moving,” said MSGA President Darin Johnson. “With zero sales going to China right now, it’s going to put a lot of pressure on our farmers going into the fall, and it’s going to cost farmers a lot of money. Unfortunately,…
Soybean farmers urge Trump to cut a deal with China: ‘We cannot survive a prolonged trade dispute'
Historically, China has been the top buyer of US soybeans by “a staggering margin,” says the American Soybean Association. This year, with US soybeans facing retaliatory tariffs amid the ongoing trade war, China is going elsewhere. In a letter urging President Trump to cut a deal with China that removes China’s retaliatory duties and includes “significant soybean purchase commitments,” the ASA says China “currently has zero new crop export order…
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