In the Press
As the U.S. and China circle each other like boxers in their fight over trade policies, the largest buyer of American soybeans has closed its purse.
Ohio farmers and soybean producers should be very worried about the possible trade war with China, in addition to the ongoing concerns about trade with the North American Free Trade Agreement (NAFTA) renegotiations, according to Dr. Ian Sheldon, Ohio State Professor and Andersons Chair of Agricultural Marketing, Trade and Policy.
AEDE Professor Ian Sheldon joins David Sumner from the University of California at Davis and David Swenson from Iowa State University on the Knowledge@Wharton radio program to discuss trade battles over trade deficit and the impact on farmers.
Local soybean and corn farmers are worried a threat to impose a 25 percent tariff on specific US exports could have a detrimental impact.
China’s plan to levy a 25 percent tariff on imports of U.S. soybeans may come as something of a surprise to most Americans. But to a professor of agricultural economics who studies international commodity markets for a living, this was not at all unexpected.
Across the nation those involved in agriculture are expressing frustration (to put it mildly, in some cases) about the escalation of a trade dispute that has resulted in China’s announcement of a proposed 25% tariff on imported U.S. soybeans.
The $50 billion in tariffs already announced by the U.S. and China could have a big impact on Ohio farmers.
China has punched back at the Trump administration and the tariffs imposed on the country, enacting tariffs of its own on a wide range of ...
Agriculture is connected to one out of eight jobs in Ohio. It's not just family farmers that should be worrying about a pending trade war.
Ohio farmers and soybean producers should be very worried about the possible trade war with China, in addition to the ongoing concerns about trade with the NAFTA renegotiations, according to Dr. Ian Sheldon, Ohio State Professor and Andersons Chair of Agricultural Marketing, Trade and Policy.