How Soybeans Became China’s Most Powerful Weapon in Trump’s Trade War
Ian Sheldon
Economics,
All of the facts.
Soybeans may not seem all that useful in a war. Nonetheless, they’ve become China’s most important weapon in its ever-worsening trade conflict with the U.S.
China, the world’s biggest buyer of the crop, has reportedly stopped purchasing any American soybeans in retaliation for the Trump administration raising tariffs on US$250 billion of Chinese goods. This is very bad news for U.S. farmers.
While China’s targeting... Читать дальше...
