Fallout Of US-China Trade War On Soya Bean Sector
The global trade system has entered yet another phase of perpetual uncertainty. The US has embarked on what appears to be an imminent trade war with China in which both countries have resorted to tit-for-tat tariff retaliation.
China has increased tariffs by up to 25% on 128 US products, including soya bean, frozen pork, wine and certain fruit and nuts, in response to US tariffs imposed on imports of aluminium and steel. As a result, many analysts are predicting a trade war that will eventually lead to a slowdown in global economic growth, with others even contemplating the possibility of a global recession.
Esta historia es de la edición April 20, 2018 de Farmer's Weekly.
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Esta historia es de la edición April 20, 2018 de Farmer's Weekly.
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