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AP: U.S.-China Trade Rift Could Squeeze Growth and Hurt Consumers

TOPICS

Trade

Kim Baker

Director, Digital Initiatives

photo credit: Getty

Kim Baker

Director, Digital Initiatives


American Farm Bureau Federation President Zippy Duvall was quoted in an Associated Press article about proposed Chinese retaliatory tariffs and how they could negatively affect American trade relationships with China. “China has proposed tariffs of $50 billion on U.S. products that will squeeze apple growers in Washington, soybean farmers in Indiana and winemakers in California,” noted AP.

Duvall explained that the current trade situation has “placed farmers and ranchers in a precarious position. We have bills to pay and debts we must settle, and cannot afford to lose any market, much less one as important as China,” he said.