Agriculture Can Debate Tariffs but Not the Trade Deficit

(NAFB) President Trump’s tariffs are a continuing topic in U.S. agriculture, both for and against. Trump says the tariffs are in place to help even out a significant U.S. ag trade imbalance with other countries. Pat Westhoff, director of the Food and Agricultural Policy Research Institute at the University of Missouri, says the significant ag trade deficit is a real thing.

There’s no doubt the tariffs will interfere with the ability to export U.S. commodities.

There’s no question the tariffs will make moving U.S. soybeans to China nearly impossible.

It’s going to be challenging finding other markets to replace lost sales in China.

Pat Westhoff of FAPRI.