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U.S. Agriculture Industry Sounds Alarm On Chinese Tariff Retaliation
Warns Of Reputational Risks, Loss Of Market Access & Harm To Rural America

In Response To Proposed Tariffs, China Has Proposed A List Of 128 Retaliation Targets, Many Of Which Hurt The U.S. Agricultural Industry:

China Has Threatened A 15 Percent Duty On U.S. Products, Including Wine, Fresh Fruit, And Dried Fruits & Nuts. (Nyshka Chandran, “China Responds To Trump Tariffs With Proposed List Of 128 US Products To Target,” CNBC, 3/22/18)

China Has Also Threatened A 25 Percent Duty On U.S. Pork. (Nyshka Chandran, “China Responds To Trump Tariffs With Proposed List Of 128 US Products To Target,” CNBC, 3/22/18)

Altogether, China’s Tariff Retaliation Would Hit 128 U.S. Exports Worth Approximately $3 Billion. (Adam Behsudi, “China Targets $3B In U.S. Exports in Retaliation For Trump’s Tariffs,” Politico, 3/22/18)

The U.S. Agriculture Industry Has Warned Of The Threat Of Tariff Retaliation To Their Livelihoods:

National Pork Producers Council President Jim Heimerl: “No One Wins In These Tit-For-Tat Trade Disputes, Least Of All The Farmers And The Consumers.” (David Pitt & Steve Karnowski, “Trump Draws Ire Of Farmers Targeted In Chinese Trade Dispute,” The Associated Press, 3/23/18)

  • “We Sell A Lot Of Pork To China, So Higher Tariffs On Our Exports Going [To China] Will Harm Our Producers And Undermine The Rural Economy.” (Doug Palmer, “China Puts U.S. Steel, Pork And Wine In The Crosshairs,” Politico, 3/23/18)

American Soybean Association President And Iowa Farmer John Heisdorffer: “The Idea That We’re The Only Game In Town, And These Partners Have No Choice But To Purchase From The U.S. Is Flatly Wrong.” (Jeff Daniels, “Fears Ripple Through The US Heartland That Agriculture Could Take Hit From China Trade Retaliation,” CNBC, 3/15/18)

  • Heisdorffer: “If This Keeps Going On, We’re Going To Start Losing Farmers. We Sure Can’t Lose Our Exports – That’s One Of The Few Things We Have.” (Jeff Daniels, “US Vows To Defend Farmers From Possible China Trade Action Against Soybeans,” CNBC, 3/22/18)

U.S. Grains Council President Tom Sleigh On American Farmers Having To Diversify Their Markets: “We Are Well Aware This Work Will Be An Uphill Battle Because Our Reputation As A Reliable Supplier Has Come Into Question.” (Doug Palmer, “China Puts U.S. Steel, Pork And Wine In The Crosshairs,” Politico, 3/23/18)

Iowa Soybean Association COO Carey Claghorn: “If There’s Retaliation, And A Trade War Begins, No One Wins.  Especially With Soybeans, We’re An Export Crop.  Half Of Our Crop Gets Exported, So One In Every Four Rows Goes To China.  This Is Of Great Concern For Us.” (Max Diekneite, “Farmers Who Voted For Trump Worry About Tariff Backlash,” KCCI, 3/22/18)

Minnesota Soybean Growers Association President Tom Slunecka: “We’re Looking For Long-Term Stability, And Major Markets Like China Play Into The Stability In A Great Way.  So It Could Have Short-Term And Long-Term Implications If We Were To Lose A Major Part Of That Marketplace.” (Jeff Daniels, “Fears Ripple Through The US Heartland That Agriculture Could Take Hit From China Trade Retaliation,” CNBC, 3/15/18)

Indiana Corn And Soybean Farmer Brent Bible: “[Tariffs Have] The Potential To Have A Tremendous Impact.  When You Think About The Fact That China Is The No. 1 Importer Of U.S. Soybeans And Related Products, Any Action That They Would Take Would Have A Negative Market Action.” (Jeff Daniels, “US Vows To Defend Farmers From Possible China Trade Action Against Soybeans,” CNBC, 3/22/18)

Iowa Soybean Farmer Nick Volz: “[China]’s A Major Market To Lose, And I’d Say That Would Be Devastating For Everyone.  Farmers Right Now Are On A Pretty Short String Financially These Last Four Years, With Operating Losses Mounting Up.  [Tariffs Are] Just The Last Thing We Need.” (Max Diekneite, “Farmers Who Voted For Trump Worry About Tariff Backlash,” KCCI, 3/22/18)

Illinois Soybean & Corn Farmer Wendell Shauman: “The Midwest Farmers Are Very Concerned That We’ll Be One Of The Areas That Are Retaliated Against.  We Don’t Know How This Will Play Out.  Right Now It’s A Waiting Game.” (Jeff Daniels, “Fears Ripple Through The US Heartland That Agriculture Could Take Hit From China Trade Retaliation,” CNBC, 3/15/18)

  • Shauman: “If You Took Some More Markets Away From Us, It Could Push Us Into A Depression.” (Jeff Daniels, “Fears Ripple Through The US Heartland That Agriculture Could Take Hit From China Trade Retaliation,” CNBC, 3/15/18)

Deere & Co. CEO Samuel Allen: “The Near-Term Impact Financially Is One We Don’t Like, But The More Important One Is The Longer-Term Potential Impact Taking U.S. Farmers Out Of The World Market For Corn And Soybeans.” (Maximilian Heath, “Deere & Co Fears Hit From Trump Tariff Retaliation: CEO,” Reuters, 3/21/18)

Former North Dakota Farmer Brian Grossman: “Bottom Line, We’re Terrified.  It’s Not Going To Be Good For The American Farmer.” (Jacob Bunge & Benjamin Parkin, “U.S. Farm Sector Looks Warily At China Tariff Threats,” The Wall Street Journal, 3/21/18)

Indiana Farmer Shane Hanna: “It Will Be Insult To Injury.  We Need The Pigs To Eat What We Produce.” (Jacob Bunge & Benjamin Parkin, “U.S. Farm Sector Looks Warily At China Tariff Threats,” The Wall Street Journal, 3/21/18)

CEO Of The U.S. Apple Association Jim Bair: “We Are Competing, And Winning, With Our Exports To China Growing Nicely From Zero To About 2.5 Million Boxes Per Year.” (David Pitt & Steve Karnowski, “Trump Draws Ire Of Farmers Targeted In Chinese Trade Dispute,” The Associated Press, 3/23/18) 

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