Trade War Backfire: Steel Trariff Shrapnel Hits Farmers

Reuters – April 13, 2018

The impact of rising steel prices on agriculture illustrates the unintended and unpredictable consequences of aggressive protectionism in a global economy. And the blow comes as farmers fear a more direct hit from retaliatory tariffs threatened by China on crops such as sorghum and soybeans, the most valuable U.S. agricultural export.

Protectionism and tariffs may entice,‬
‪Until you discover who pays the price.‬

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