• America's farmers 'won't gain back everything' they've lost in Trump's trade war

    5 monthes ago - By Business Insider

    Washington and Beijing agreed to cease tariff escalations for at least 90 days to try to reach a trade deal.
    Some farmers may have a difficult time returning to pre-tariff conditions - even if a deal is reached.
    One economist estimates that even with tariff rates at zero, soybean farmers would make up about half of market share over the next year.
    A cease-fire between the US and China sparked hopes that the world's largest economies can scrap protectionist policies that have cast uncertainty on the American agriculture sector. But for some farmers, damage from tariffs will outlast the...
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