Trump's trade war splits a Missouri county into winners and losers [View all]
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Source: Reuters
NEW MADRID COUNTY, Mo. (Reuters) - People don’t talk about trade tariffs in this stretch of the Mississippi River basin, where grains and metals have paid the bills for generations.
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“People don’t want to talk about trade,” said Justin Rone, a farmer with deep family roots in soybeans and cotton. “It’s safer to talk about how best to grow your crop, keep your head down and pray.”
Farmers’ fears were realized Friday as the United States and China levied dueling tariffs on $34 billion worth of each country’s goods. Many U.S. agricultural exports, including soybeans, now face 25 percent duties.
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Priggel and other farmers here, where about 70 percent of voters supported Trump, know their crops are obvious targets for countries striking back against U.S. tariffs. They also know the tax on metal imports helped lure new owners to reopen the plant that has long financed their neighbors’ mortgages, truck payments and groceries.
Read more: https://www.reuters.com/article/us-usa-trade-divide-insight/trumps-trade-war-splits-a-missouri-county-into-winners-and-losers-idUSKBN1JZ16X
Reap what you sow .... the whirlwind....
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