US EditionTrump’s trade battle with China puts US soybean farmers in peril
China's boycott has halted purchases of up to $12.5 billion in U.S. soybeans, threatening the livelihood of American farmers amid stalled trade talks.
- This year, China has stopped buying U.S. soybeans, leaving Kentucky soybean farmer Caleb Ragland and others unsure where to sell their crop.
- After tariffs escalated, President Donald Trump imposed duties on Chinese goods, prompting China to retaliate with tariffs up to 34% on U.S. soybeans while talks produced no progress.
- Last year, U.S. soybean exports totaled nearly $24.5 billion, with China accounting for more than $12.5 billion and soybeans making up about 14% of all farm goods sent overseas.
- American farmers are fretting about this year’s crop and business viability, broadening customers to Japan and Indonesia while President Donald Trump faces pressure and considers aid, CEO Jim Sutter said recently.
- Historically, the U.S. soybean industry grew on Chinese demand since the 1990s, but China shifted to Brazil in 2018 while the Chinese Embassy in Washington urged cooperation as Taiwan pledged $10 billion in purchases.
57 Articles
57 Articles
The leafy soy plants reach Caleb Ragland’s thighs and are ready for harvest, but the Kentucky farmer is deeply concerned. He doesn’t know where he and others like him will sell his crop because China has stopped buying. Beijing, which has traditionally taken over at least a quarter of all soy grown in the United States, is actually boycotting them in retaliation for the high tariffs President Donald Trump has imposed on Chinese products and to s…
Soybean Showdown: U.S. Farmers Grapple with Trade Turmoil
Soybean Showdown: U.S. Farmers Grapple with Trade Turmoil Caleb Ragland's thriving Kentucky soybean crop is in jeopardy due to China's boycott, linked to U.S.-imposed tariffs. Traditionally significant buyers, China has halted purchases, causing concern across American agriculture.The political chess game of tariffs, initiated by President Trump, has resulted in China's retaliatory measures, escalating the turmoil for soybean farmers. This predi…
Associated Press News
Trump's trade battle with China puts US soybean farmers in peril
American soybean farmers are worried about where they're going to sell their crops and whether they'll lose money this year because China hasn't bought any for months.
North Dakota soybean farmers could take a hit
MENOKEN, ND (KXNET) — Miles of soybean fields are just about ready for harvest across our state. Despite what was said to be a strong year in production for soybeans, what's looming with where the soybeans are supposed to go once they're harvested, could spell some trouble for farmers. Experts say that China is one of the biggest importers of North Dakotan soybeans in the world. And, without a trade deal, there are many unknowns farmers are faci…
Coverage Details
Bias Distribution
- 54% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
