Trade war puts Virginia farmers at risk of losing ‘critical market’ in China

Posted by Michael Martz at Richmond Times-Dispatch

Virginia farmers find themselves on the front line of a widening trade dispute between the United States and China, the state’s biggest export trading partner and buyer of soybeans grown in the Old Dominion as a premium cash crop.

China said this week it will slap a 25-percent tariff on U.S. soybeans in retaliation for President Donald Trump’s launch of a tariff strike on imports of Chinese goods, raising alarm among state and national agricultural officials about the likely harm to farmers who remain the heart of Virginia’s economy, especially in international trade.

Continue reading the full article