The ongoing U.S.-China trade war is impacting a wide range of industries. U.S. agriculture is taking an especially hard hit. That, in turn, is putting the breaks on America’s trucking industry.
The trade dispute between the U.S. and China has impacted a range of industries not least a large portion of U.S. farming. Among the commodities to be affected is ginseng, a product that is predominantly exported to China.
U.S farmers rallied in Washington DC Thursday to lobby for ratification of a sweeping new trade deal. They want Congress to approve an agreement between Canada, Mexico and the U.S. And it’s a critical moment for farmers caught in the crossfire of a trade battle with China.
The U.S. Trade Representative’s office has reaffirmed President Donald Trump’s plans to impose an additional 5% tariff on a list of $300 billion of Chinese imports, with some starting September 1st.
The administration had previously planned to impose a 10% tariff but decided to raise that amount ...
