Tensions are rising when it comes to the future of trade. As leaders from Canada, Mexico and the United States are in the midst of round 5 of North American Free Trade Agreement (NAFTA) 2.0 negotiations, new numbers from U.S. Department of Agriculture (USDA) show China is now the top buyer of U.S. agricultural goods.
With the announcement today that China intends to retaliate against the latest proposed U.S. tariffs, hard-working U.S. farmers are clearly in the line of fire from what looks more and more like an escalating trade war with China. Read more
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Soybeans represent 41% of the value of U.S. products on China’s retaliatory tariff list, and for South Dakota farmer Brandon Wipf, the financial toll adds up fast. Read more
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