In a trade war over steel, US farmers could be collateral damage - News Summed Up

In a trade war over steel, US farmers could be collateral damage


Related: Why steel and aluminum tariffs matter to the U.S. economyThis is a familiar pattern. The United States sold nearly a billion dollars worth of the grain to China in 2017. Related: Big aluminum says the aluminum tariff won't workWhy do American farmers so often get tangled up in trade wars? Global commodity prices have sagged and the United States' longstanding subsidy and insurance programs for certain crops have become less generous. Meanwhile, American farmers are losing out in a more subtle way.


Source: CNN March 08, 2018 17:55 UTC



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