Fallout Of US-China Trade War On Soya Bean Sector
Farmer's Weekly|April 20, 2018

Fallout Of US-China Trade War On Soya Bean Sector

Tinashe Kapuya
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.

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Denne historien er fra April 20, 2018-utgaven av Farmer's Weekly.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

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