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China hits U.S. agriculture with tariff retaliation
South Dakota Ag Connection - June 18, 2018

WASHINGTON, DC - In an eye for an eye move, China placed a 25 percent retaliatory tariff on multiple U.S. goods, including sorghum. The retaliatory tariff also applies to U.S. soybeans, cotton, wheat, vegetables, beef, pork and others and will go into effect on July 6. The action was in response to the U.S. issuing a 25 percent tariff earlier today on 1,102 Chinese goods. 

The tariff announcement comes a month after China terminated anti-dumping and countervailing duty investigations into U.S. sorghum, which ended the 178.6 percent duty. The newly enforced 25 percent tariff will bring higher prices for Chinese consumers who purchase over half of U.S. sorghum exports. National Sorghum Producers Chairman and Nebraska farmer Don Bloss issued the following statement. 

"National Sorghum Producers, alongside our producers, stakeholders and partners, have already seen the market uncertainty and price fluctuations that occur when China retaliates on U.S. goods," Bloss said. "We urge President Trump and the Administration to move forward with constructive trade negotiations that will end tariffs on U.S. agriculture, especially during times of existing economic stress. 

Boss says his group will continue to work with and encourage officials to achieve long-term trade solutions with China.



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