US Farmers Worried about Tariffs
chinadaily.com.cn |
Updated: 2018-08-03 03:12
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Under the US-China trade dispute, US agricultural products were major targets of China's retaliation tariffs.
With China one of the top markets for US agricultural exports, US farmers are deeply concerned as their profits hurt by the tariffs. Soybean farmers, for example, saw a $2 per bushel decrease in the product price because of the tariffs.
To help farmers, the Trump administration announced $12 billion aid programs. Farmers, however, favors free trade over government aids.
