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.
Until you discover who pays the price.