Trump's Terms
U.S. soybean farmers urge Trump to ease tariffs on China to protect their industry
Apr 14, 2025
U.S. soybean farmers are feeling the crunch from tariffs imposed on China. The president of the American Soybean Association discusses the industry's dependence on Chinese exports. Farmers are calling for an urgent shift in trade policy to survive. The economic pressures are mounting, and the stakes couldn't be higher for the agricultural community. Who will respond to their pleas?
06:16
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Quick takeaways
- U.S. soybean farmers are urging the Trump administration to remove tariffs on China to safeguard their industry from severe economic impacts.
- Caleb Ragland stresses the necessity for better trade deals to maintain soybean market access and prevent long-term declines in production.
Deep dives
Impact of Trade Tariffs on Soybean Farming
The U.S.-China trade war significantly affects soybean farmers, as China is the largest international buyer of U.S. soybeans, purchasing over half of the country's exports. With steep tariffs in place—145% on goods imported from China and 125% on American goods—the U.S. soybean industry faces dire consequences. Farmers like Caleb Ragland express concern that losing access to the Chinese market could lead to permanent declines in U.S. production, as competitors like Brazil enhance their infrastructure to capture this market share. The fear is that diminished exports will yield low prices due to oversupply domestically, further straining an already fragile farm economy.
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