LINE

    Text:AAAPrint
    Economy

    Trade tensions frustrating U.S. farmers

    1
    2019-05-27 22:50:56Xinhua Editor : Wang Fan ECNS App Download

    The U.S. trade tensions with China are frustrating American farmers despite Washington's promise to make them "one of the biggest beneficiaries."

    The White House unveiled last week a 16-billion-U.S.-dollar aid package for farmers hurt by the ongoing trade row ignited and escalated by the United States.

    Yet the National Farmers Union said the "temporary" fix will not offset the "permanent damage" inflicted upon farmers losing a share of the Chinese market, and agricultural economists said it is self-destructive to U.S. interests.

    "It's difficult to see how U.S. farmers ... would be the biggest beneficiaries," said Anton Bekkerman, an agricultural economics expert at Montana State University.

    "We want markets, not tariffs, and have encouraged the administration to continue to work to resolve the trade war," said John Youngberg, a lifetime farmer and executive vice president of Montana Farm Bureau.

    "All my research finds that the protracted trade war is a net negative for American agriculture," he added.

    Despite the chorus of warnings, the U.S. administration of President Donald Trump has been reluctant to back away from such claims that trade wars are "easy to win" and will not damage "long-term" U.S. interests.

    "All the Trump administration's trade tactics have done is to hurt America's hardest working people," said David B. Richardson, a former member of the Florida House of Representatives.

    Voices of concern and calls for an early end of the U.S.-China trade row can be heard across America's "farmbelt," which includes Iowa, a leading state in soybean output.

    "Soybean growers have been particularly hard hit and that is starting to spread to other markets," Youngberg told Xinhua.

    Grant Kimberley, a sixth-generation soybean farmer and marketing director of the Iowa Soybean Association, said he and his peers hope some quick and positive changes could be made.

    U.S. soybean exports to China have been down 89 percent over the past year, and about half of the supplies that would normally have gone to China have now gone somewhere else, with farmers "still at a deficit for net total exports," Kimberley told Xinhua.

    "It's likely the trade dispute could be a long-term reality," he said. "With prices going lower and soybean supplies growing, and with only modest hope that a resolution is near, we're likely to be mired in this scenario for some time."

    "For some farmers, the crop they're currently planting may be their last," he said.

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    News
    Politics
    Business
    Society
    Culture
    Military
    Sci-tech
    Entertainment
    Sports
    Odd
    Features
    Biz
    Economy
    Travel
    Travel News
    Travel Types
    Events
    Food
    Hotel
    Bar & Club
    Architecture
    Gallery
    Photo
    CNS Photo
    Video
    Video
    Learning Chinese
    Learn About China
    Social Chinese
    Business Chinese
    Buzz Words
    Bilingual
    Resources
    ECNS Wire
    Special Coverage
    Infographics
    Voices
    LINE
    Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2019 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    主站蜘蛛池模板: 麻栗坡县| 津南区| 施秉县| 永新县| 无棣县| 府谷县| 北流市| 青龙| 织金县| 桃园县| 响水县| 方山县| 大宁县| 长治市| 瑞安市| 忻州市| 宝清县| 盘锦市| 五大连池市| 木里| 岗巴县| 高邑县| 东城区| 满洲里市| 湘西| 石景山区| 临城县| 台前县| 山阴县| 淅川县| 德令哈市| 赣州市| 宝鸡市| 扎囊县| 偃师市| 常熟市| 珠海市| 鹿泉市| 土默特左旗| 改则县| 奉节县|