在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Industries

US farmers, ranchers bracing for tough times amid US, China trade dispute

Xinhua | Updated: 2018-04-18 11:21
Share
Share - WeChat

HOUSTON - From the Texas Gulf Coast to the American heartland, ranchers, farmers and petrochemical producers are expressing uneasiness over the growing US-China trade friction.

Last year, China imported more than $130 billion in US commodities, according to US Import and Export Merchandise trade statistics. If more tariffs are implemented, it not only would impact their bottom line but put many out of business, US producers have said.

"Illinois Farm Bureau and its members are very concerned about the escalating tariff dispute with China and its potential to devastate the farm economy," said Tamara Nelson, senior commodities director at the Illinois Farm Bureau. "The rhetoric and threats must stop. Recent market volatility has already adversely affected farmers, who are already suffering their fifth straight year of economic decline."

Last year, Illinois farmers exported $5.3 billion in goods to China, including $1.3 billion in soybeans and $2.3 billion in pork, according to US Import and Export Merchandise trade statistics.

Earlier this month, the US administration on Tuesday announced a proposed list of products subject to additional tariffs, which covers Chinese exports worth $50 billion with a suggested tariff rate of 25 percent.

China then hit back at US unilateralism with equal tariff plan, unveiling a list of products worth $50 billion imported from the United States that will be subject to higher tariffs, including soybeans, automobiles, and chemical products.

Bob White, director of national government relations at the Indiana Farm Bureau, is concerned that the market volatility would hurt farmers who are already struggling due to a surplus of grain in the market.

"The impacts of the proposed tariffs from China could be detrimental to US and Indiana agriculture," he said. "Farmers in Indiana and across the country have worked hard to provide a reliable, quality product to our export partners. Replacing a market as large as China will not be an easy task and family farmers will likely suffer if the tariffs are imposed."

Indiana last year reported $2 billion in total exports to China, including $26 million in soybeans, the trade statistics show.

By necessity, Kansas farmers and ranchers are patient and optimistic, said Kansas Farm Bureau President Richard Felts. But US-China trade dispute is testing that resilience.

"Growing trade disputes have placed farmers and ranchers in a precarious position," said Felts, a Kansas farmer. "We have bills to pay and debts we must settle and cannot afford to lose any market."

Meanwhile, Minnesota farmers are also worried that the trade friction with China will hurt more than help.

"China is a critical market for Minnesota agriculture, especially for soybeans, dairy, pork and wheat," said Minnesota Farm Bureau President Kevin Paap. "The recent actions by one of our largest trade partners could prove to be detrimental to Minnesota farmers and ranchers. The current trade disputes need to be resolved without harming agriculture."

In Missouri, farm prices are already dropping in response to the trade announcement, at a time when prices are already at break-even or below, according to the Missouri Farm Bureau (MFB).

"If fully implemented, these actions spell trouble for Missouri agriculture producers," said MFB President Blake Hurst. "China is by far the leading destination for US soybeans, with the country buying nearly two thirds of all US soybeans exported, and one fourth of our total crop."

He added, "It is hard to remember a more potentially calamitous week for US agriculture."

In Houston, petrochemical industry officials are bracing for some tough economic times as the tit-for-tat tariff hikes continue unabated, said Steven W. Lewis, C.V. Starr Transnational China Fellow at the James A. Baker III Institute for Public Policy.

"There are reports that many petrochemical products, especially plastics, will be affected by new tax rates on imports to China," said Lewis, an Asian Studies professor at Rice University. "This is one of Houston's key industries and exports to China."

"China already has restrictions on many energy industry services that Houston provides," he said. "Texas agriculture will also suffer if the relationship deteriorates, although perhaps not as much as other states, given the specific agricultural goods targeted."

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 欧美2区| 天天摸夜夜操 | 国产 欧美 日韩 一区 | 五月婷婷激情 | 亚洲第一精品在线 | 综合在线一区 | 亚洲成人在线视频播放 | 欧美激情自拍偷拍 | 亚洲中国精品精华液 | 国产精品美女久久久久久久久久久 | 99精品视频久久精品视频 | 黄色在线小视频 | 深夜成人小视频 | 国产性×xxx盗摄xxxx | 91免费版在线观看 | 免费在线日本 | 一区二区高清 | 伊人青青久久 | 香蕉一区| www视频在线观看 | 欧美精品一区二区三区在线四季 | 久色电影 | 亚洲久久久| 欧美日韩在线一区二区 | 欧美成人精品激情在线观看 | 久久国产精品首页 | 成人日韩 | 国产免费一区 | 亚洲中出 | 91麻豆精品国产91久久久更新资源速度超快 | 久草视频网站 | 国产成在线观看免费视频 | 午夜一区二区三区在线观看 | 久久亚洲免费 | 精品国产一区二区三区av小说 | 精品一区二区在线播放 | 99成人 | 国产精品热| 欧美日韩精品综合 | 亚洲男人天堂2024 | 欧美一级免费 |