Max Armstrong shares the impact of Chinese tariffs on the wheat trade.
Don't wonder whether trade restrictions have severely impacted farmers. University of Illinois ag economist Bowen Chen shares that if China hadn't restricted trade, wheat imports from the U.S. to China could have been 80 percent higher (in 2017). The dispute concerns China's "tariff rate quotas," which establish two quotas, protecting domestic production.
Farm Progress America is a daily look at key issues in agriculture. It is produced and presented by Max Armstrong, veteran farm broadcaster and host of This Week in Agribusiness.
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