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China Trade War Escalates

China Trade War Escalates

Photo: WNAX


The trade war with China escalated last night as the President Trump increased tariffs against China from 10% to 25% on $200 billion of goods. China has threatened to retaliate. Nebraska Farm Bureau Director of National Affairs Jordan (dukes) Dux says the impacts of the trade war have already hurt U.S. and Nebraska farmers and ranchers and that is only expected to intensify.

He says despite the pain being felt by U.S. agriculture, most Nebraska farmers and ranchers support what the President is doing.

However, Dux says farmer’s patience is wearing thin, and a trade dispute resolution is badly needed.

The President has readied another $325 billion of tariffs that he says will kick in if a deal is not completed soon.

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