U.S. farmers, ranchers bracing for tough times amid U.S., China trade dispute
                 Source: Xinhua | 2018-04-18 04:25:49 | Editor: huaxia

A sample of clean, processed soybeans at Peterson Farms Seed facility in Fargo, North Dakota, U.S., Dec. 6, 2017. (Xinhua/REUTERS)

by Robert Stanton

HOUSTON, April 17 (Xinhua) -- From the Texas Gulf Coast to the American heartland, ranchers, farmers and petrochemical producers are expressing uneasiness over the growing U.S.-China trade friction.

Last year, China imported more than 130 billion U.S. dollars in U.S. commodities, according to U.S. 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, U.S. 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 U.S. dollars in goods to China, including 1.3 billion U.S. dollars in soybeans and 2.3 billion U.S. dollars in pork, according to U.S. Import and Export Merchandise trade statistics.

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

China then hit back at U.S. unilateralism with equal tariff plan, unveiling a list of products worth 50 billion dollars 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 U.S. 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 U.S. dollars in total exports to China, including 26 million U.S. dollars in soybeans, the trade statistics show.

By necessity, Kansas farmers and ranchers are patient and optimistic, said Kansas Farm Bureau President Richard Felts. But U.S.-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 U.S. soybeans, with the country buying nearly two thirds of all U.S. soybeans exported, and one fourth of our total crop."

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

Back to Top Close
Xinhuanet

U.S. farmers, ranchers bracing for tough times amid U.S., China trade dispute

Source: Xinhua 2018-04-18 04:25:49

A sample of clean, processed soybeans at Peterson Farms Seed facility in Fargo, North Dakota, U.S., Dec. 6, 2017. (Xinhua/REUTERS)

by Robert Stanton

HOUSTON, April 17 (Xinhua) -- From the Texas Gulf Coast to the American heartland, ranchers, farmers and petrochemical producers are expressing uneasiness over the growing U.S.-China trade friction.

Last year, China imported more than 130 billion U.S. dollars in U.S. commodities, according to U.S. 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, U.S. 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 U.S. dollars in goods to China, including 1.3 billion U.S. dollars in soybeans and 2.3 billion U.S. dollars in pork, according to U.S. Import and Export Merchandise trade statistics.

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

China then hit back at U.S. unilateralism with equal tariff plan, unveiling a list of products worth 50 billion dollars 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 U.S. 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 U.S. dollars in total exports to China, including 26 million U.S. dollars in soybeans, the trade statistics show.

By necessity, Kansas farmers and ranchers are patient and optimistic, said Kansas Farm Bureau President Richard Felts. But U.S.-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 U.S. soybeans, with the country buying nearly two thirds of all U.S. soybeans exported, and one fourth of our total crop."

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

010020070750000000000000011105091371183331
百姓彩票 大发app 凤凰彩票app 乐发iv游戏平台 凤凰彩票大厅 乐发彩票 乐发彩票app下载 大发彩票 乐发v官网 乐发lll 乐发lv入口 乐发iv首页 乐发ll登录 凤凰彩票大厅 乐发官网 乐发ii下载入口 乐发ll 乐发v平台 乐发v官网 乐发lll 乐发lv入口 乐发iv首页 乐发ll登录 乐发lv 乐发lll安装 乐发lv 乐发登录入口 乐发iv游戏平台 凤凰彩票登录 网信彩票 彩神 彩神彩票官方网站 彩神彩票官网首页 彩神官方app下载安卓版 凤凰彩票登录 彩神v3 凤凰彩票app下载 彩神官方app下载安卓版 网信快三 一分快3 快三彩票购彩平台 凤凰彩票官方 快3官网 网信彩票 快3app 网信彩票平台 百姓彩票平台 网信平台官网 快3app下载 百姓彩票 每日彩票 快3app 百姓彩票 每日彩票 快3app 百姓彩票平台 幸运5分彩快3 快3彩票app下载 百姓彩票网站网址 大发10分PK10 快3下载 网信彩票平台 网信平台官网 快3彩票官网app 凤凰彩票官方 彩神彩票 大发10分PK10 彩神v3 大发彩票app下载 百姓彩票网站网址 彩神购彩平台 每日彩票 官方正规快三彩票平台 彩神彩票购彩平台 百姓彩票 凤凰彩票购彩平台 凤凰彩票app下载 彩神官方app下载安卓版 网信快三 一分快3 快三彩票购彩平台 凤凰彩票官方 彩神彩票 大发10分PK10 彩神v3 凤凰彩票登录 乐发lv 乐发∨Il 百姓彩票网站网址 乐发彩票 乐发彩票官方网站 乐发lll安装 百姓彩票网站网址 凤凰彩票app下载 大发10分PK10 乐发2 乐发app 凤凰彩票 大发彩票app 乐发登录入口 乐发ll登录 乐发v官网 乐发官网 大发彩票app下载 凤凰彩票购彩平台 彩神彩票 官方正规快三彩票平台 一分快3 百姓彩票网站网址 凤凰彩票app下载 大发10分PK10 乐发2 乐发app 凤凰彩票 大发彩票app 乐发登录入口 乐发ll登录 乐发v官网 乐发官网 大发彩票app下载 凤凰彩票购彩平台 彩神彩票 官方正规快三彩票平台 1分快三平台 百姓彩票平台 凤凰彩票登录 幸运5分彩快3 彩神 乐发彩票 乐发 大发彩票 乐发iv游戏平台 乐发lv 乐发lll 乐发ii下载入口 乐发彩票官方网站 凤凰彩票官方网站 凤凰快3 彩神彩票官网首页 1分快三平台 百姓彩票平台 凤凰彩票登录 幸运5分彩快3 彩神 乐发彩票 乐发 大发彩票 乐发iv游戏平台 乐发lv 凤凰彩票app 乐发app 网信彩票平台 网信彩票平台 乐发iv游戏平台 凤凰彩票app 乐发lv 乐发彩票app下载 凤凰彩票app 网信彩票平台 乐发彩票app下载 乐发lv 乐发app 大发彩票安卓下载 大发彩票安卓下载 大发彩票 乐发彩票app下载 网信彩票平台 乐发iv游戏平台 彩神彩票 乐发彩票中心 极速快3彩票平台 人人快三凤凰 大发彩票app 大发彩票大全 乐发彩票 彩神彩票官方网站 乐发app 酷天堂彩票平台 凤凰彩票app下载 凤凰彩票大厅 凤凰彩票app 极速快3彩票平台 凤凰彩票 凤凰快3 乐发ll官网 乐发彩票中心 正规快三送彩金平台 凤凰彩票官方 乐发ll 乐发 网信彩票 彩神彩票 彩神彩票官方网站 大发彩票app 网信彩票用户 百姓快三 百姓彩票平台 乐发lv 乐发彩票app下载 彩信平台 网信彩票 乐发彩票官方网站 乐发∨Il 人人快三凤凰 凤凰彩票 凤凰快3 乐发ll官网 乐发彩票中心 正规快三送彩金平台 凤凰彩票官方 乐发ll 乐发 网信彩票 彩神彩票 彩神彩票官方网站 人人快三凤凰 乐发彩票 彩神彩票 乐发iv游戏平台 乐发彩票 大发彩票中心 凤凰彩票登录 凤凰彩票app 彩神彩票 大发彩票 乐发ll 大发彩票app 凤凰快3 凤凰彩票 彩神彩票 乐发ll 凤凰彩票 乐发lll 凤凰彩票大厅 网信彩票 彩神彩票 乐发lv 快盈彩票 乐发彩票官方网站 盈彩网投资平台 大发官网 一分时时彩 乐发lv 快3平台 凤凰快3 乐发ll 全民彩票 乐发彩票官方网站 百姓彩票 乐发彩票 大发彩票 极速快3 乐发app 大发官网 乐发lll 快3平台 凤凰快3 乐发ll 全民彩票 乐发彩票官方网站 百姓彩票 乐发彩票 大发彩票 极速快3 乐发app 彩神iv 大发彩票app 大小单双平台 一分pk10 乐发lv 快盈彩票 乐发官网 快彩彩票 百姓彩票 凤凰彩票大厅 网信彩票 乐发彩票中心 网信快3 乐发 彩神xl 三分快3 大发彩票 大发官网 乐发lll 快3平台 凤凰快3 乐发ll 全民彩票 乐发彩票官方网站 百姓彩票 乐发彩票 乐发彩票官方网站 大发彩票 乐发 分分快3 彩神vl 55世纪 55世纪 凤凰快3 乐发彩票 乐发lv welcome凤凰彩票 乐发ll 1分快3 彩神 彩神ll 1分快3官网 1分快3的平台 welcome凤凰彩票 三分快3 彩神x 彩神vl 凤凰彩票 彩神xl 大发彩票 凤凰彩票大厅 乐发官网 乐发ll 乐发lll 乐发lv 大发彩票app 大发彩票 乐发 乐发彩票 乐发彩票中心 凤凰快3 乐发彩票 彩神xl 腾讯快3 大发彩票 彩神xl 大发彩票 乐发彩票 大发彩票app 快3平台 乐发 1分快3 乐发彩票 彩神x 凤凰快3 彩神xl 彩吧助手 大发彩票app 快3平台 大发排列3 彩神iv 彩神vl 乐发IV 彩神x 一分pk10 大发排列3 乐发lv 快3彩票 乐发app下载 三分快3 快三平台助手 乐发彩票ll 彩神iv 乐发lll下载 盈彩网投资平台 乐发Ⅲ 一分pk10 凤凰彩票 乐发Vll 大发官网 乐发ll 大发彩票 乐发1 凤凰快3 彩神vl 乐发lx 百姓彩票 乐发VI 彩神x 乐发IV 极速快3 乐发 凤凰快3 网信快3 乐发lv 快3彩票 乐发app下载 三分快3 快三平台助手 乐发彩票ll 彩神iv 乐发lll下载 盈彩网投资平台 乐发Ⅲ 凤凰彩票大厅 乐发lv 乐发lv 乐发lv 凤凰彩票 大发彩票 大发彩票 凤凰彩票 乐发lv 凤凰彩票 凤凰彩票 乐发lv 乐发ll 凤凰彩票app下载 凤凰彩票 凤凰彩票 乐发lv 乐发ll 凤凰彩票app下载 凤凰彩票 凤凰彩票 乐发lv 彩神x 乐发 乐发ll 极速快3 乐发lv 乐发彩票中心 快3彩票 凤凰彩票大厅 彩神x 凤凰彩票app 分分快3 网信彩票 网盟彩票 凤凰彩票 百姓彩票 乐发 快彩彩票 乐发彩票 快3平台 百姓彩票 大小单双平台 凤凰快3 彩神xl 一分pk10 乐发lv 三分快3 大发彩票 乐发彩票 快3平台 百姓彩票 大小单双平台 凤凰快3 彩神xl 一分pk10 乐发lv 三分快3 大发彩票 极速快3 乐发ll 网信彩票 乐发lv 全民彩票 凤凰彩票app下载 快盈彩票 大发彩票app 大发官网 凤凰彩票 彩神iv 大发彩票 网信快3 凤凰彩票 百姓彩票