IARN – China has effectively shut U.S. soybeans out of its market, instead relying on Brazil to meet its massive demand. The real blow has come from retaliatory tariffs, which have priced American soybeans out and stripped farmers of access to their top export customer. To make matters worse, China continues to invest in Brazil’s infrastructure, ensuring its long-term advantage in global trade. The American Soybean Association is now urging the Trump administration to find a solution, arguing that tariffs have backfired and left U.S. farmers footing the bill.
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