Trump’s tariffs could launch a trade war much worse than that of 2018-2019, which saw a shift of Beijing’s purchases to Brazil and Argentina. Iowa farmer Bob Hemesath is worried that U.S. agriculture will pay dearly if Donald Trump wins Tuesday’s presidential election and makes good on a vow to swiftly impose a 60% tariff on Chinese goods and at least a 10% levy on all other imports.

Topics:  beijing s   brazil   argentina   iowa   bob hemesath   u.s    donald trump   tuesday s   chinese   farm   goods   trump s tariffs   
BING NEWS:
  • Trump’s Tariff Plan Would Upend Trade Flows, Raise Costs, Draw Retaliation
    Visions of another trade war with China and a rise in inflation are only a few of the worries economic experts raise with the prospect of a second term for the GOP hopeful.
    11/4/2024 - 6:35 am | View Link
  • Trump says he loves farmers. His tariff plans suggest otherwise
    In fact, it’s not even close! All polls, except for one heavily skewed toward the Democrats by a Trump hater who called it totally wrong the last time, have me up, BY A LOT. He concluded: “I LOVE THE ...
    11/4/2024 - 3:59 am | View Link
  • U.S. Farmers Brace for New Trump Trade Wars Amid Tariff Threats
    Despite their concerns, some farm operators still support the former president and prefer his overall economic plan.
    11/4/2024 - 2:04 am | View Link
  • Trump's tariffs would reorder trade flows, raise costs, draw retaliation
    It could be a much worse rerun of the Republican former president's 2018-2019 trade war with China that hit U.S. farm goods with retaliatory tariffs and shifted ... was voting for in the election.
    11/3/2024 - 10:12 pm | View Link
  • You will pay for Donald Trump’s tariffs if he’s reelected. Here’s proof
    In 2018, during his first term, Trump imposed tariffs of 30% to 50% on goods imported from China, forcing Beijing to retaliate with its own tariffs against US goods like aluminum, airplanes, cars, ...
    11/3/2024 - 9:59 pm | View Link
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