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Experts: China, USMCA Deals Crucial To Iowa Economy

Statewide Iowa — (RI) —¬†Economist Ernie Goss says he’s concerned when economic pressure, like tariffs, are used to reach non-economic goals, like trying to get China to stop stealing intellectual property.

Goss says it appears to him both President Trump and China’s president are “blinking” and a resolution to the trade dispute may be near,¬† particularly since China’s own pork supply is decimated by African Swine Fever and the country needs U.S. pork imports. Iowa State University economist Chad Hart says the U.S.M.C.A. is the most important trade pact that must be resolved.

Goss says “it’s unforgiveable” for U.S.M.C.A. to be languishing in congress.

KIWA Archive Photo

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