Farm country is worried about reports that China has curbed buying U.S. soybeans due to the ongoing trade spat.
talks to resolve major differences.
“My concerns are any time trade issues develop that’s not good for agriculture,” said soybean farmer Chris Hausman, a former Illinois Farm Bureau director. “We export a large percentage of our soybeans that we raise and corn for that matter.”
In early April, Beijing warned it might impose a 25 percent tariff on soybeans as well as duties on other major U.S. agricultural products, including corn, wheat, cotton and beef. It followed the Trump administration’s threaten to slap tariffs on Chinese products including consumer electronics and robotics.