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In reply to the discussion: Trade war fallout: Soybean prices plunge to a 10-year low [View all]Botany
(77,438 posts)Tell that to the sorghum farmers in Kansas.
https://www.bloomberg.com/news/articles/2018-04-17/chinese-sorghum-tariffs-will-hit-hard-in-trump-friendly-kansas
Sorghum growers arent so lucky. On Tuesday, Chinas Ministry of Commerce announced it would impose a 178.6 percent duty on sorghum imports from the U.S. that will take effect almost immediately. The news puts an additional Trump-friendly state (and Republican leader) squarely in the crosshairs: Kansas is the largest sorghum producer in the U.S., and its senior senator, Pat Roberts, chairs the Senate Agriculture Committee.
Its extremely frustrating and very disappointing, says Jesse McCurry, executive director of the Kansas Grain Sorghum Commission. Half of Kansas sorghum or more was going to China, and that probably stops, at least for now.
The new Chinese measure is a response to the tariffs Trump slapped on solar panels and washing machines earlier this year. China began a probe of sorghum imports in early February, shortly after Trumps announcement. We knew this was hanging over our heads, says Kurt Winter, a sorghum farmer in Sedgwick County, Kansas, just outside Wichita. But when we heard the news this morning, it was still just devastating to us. Its really going to put the hammer to our price prospects.
Trumps campaign-trail protectionism and attacks on China were a big part of his appeal to Republican voters in 2016. But as hes begun implementing those policies as president, the economic fallout has landed heavily on his own voters. Hardest hit by the new tariffs will be Robertss old congressional district (KS-01), known as The Big First for its sprawling, agriculture-intensive acreage. In the last election, Kansass first district voted for Trump over Hillary Clinton by 45 points.
* https://www.washingtonpost.com/business/economy/trump-seeks-to-reassure-anxious-farmers-being-hurt-by-his-trade-war-with-china/2018/07/11/11f0b48a-8509-11e8-9e80-403a221946a7_story.html?noredirect=on&utm_term=.0d94882edfe2