Iowa farmers stung by Trump’s trade war eye Haley


Source: afr.com afr.com

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When Mr Trump slammed China with tariffs in 2018, Beijing retaliated with a 25 per cent tariff on US soybeans. Demand and prices dropped, and the Iowa farmers who are America’s biggest soybean producers had to find other markets and recalibrate logistics. Mr Trump is considering imposing a 10 per cent universal tariff if he wins November’s election and that is a worry for Republicans who agree with the candidate on other key issues including inflation and immigration. Mr Kimberley will still vote for Mr Trump – never for Joe Biden who has maintained Trump’s protectionist actions – but some...