“The stakes are high because China buys roughly 30 percent of all America’s soy. The proposed 25 percent tariff — which is a tax buyers pay the government to purchase the commodity — ensures Chinese buyers will look elsewhere.”

Read more: https://www.upi.com/Top_News/US/2018/07/03/Midwestern-farmers-brace-to-lose-billions-in-trade-war/2381530553532/?nll=1

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