Ohio Soybean Farmers Feeling the Impact of Tariffs on China
Ohio soybean farmers face a $1 billion loss due to China’s 35% retaliatory tariffs and risk permanent market share loss while seeking federal financial aid, officials say.
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8 Articles
Punitive Chinese tariffs that cause painful retaliation. U.S. farmers on the verge of bankruptcy. A multimillion dollar bailout to keep farmers afloat. It’s 2018 again, as the Trump administration prepares to address the same political crisis it faced seven years ago when President Trump, who imposed heavy tariffs on Chinese imports, had to protect the U.S. agricultural industry from the consequences of its trade war. Mr. Trump has again imposed…
Ohio soybean farmers left high and dry as Trump’s tariff tornado obliterates China market
Donald Trump has socked Ohio soybean farmers in their wallets as his helter skelter trade policies hit home with devastating effect, and Today in Ohio hosts says it’s just one of many local ramifications of the president’s second term.
Trade Tensions Hit U.S. Soybean Farmers as China Retaliates
WASHINGTON, D.C. — U.S. farmers, including those in Southern Ohio, are feeling the effects of escalating trade tensions with China, which has effectively targeted American soybeans in response to tariffs imposed by the Trump administration. China, one of the world’s largest buyers of soybeans, has s
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