Missouri Soybean Association Issues Statement on Chinese Tariff Proposals
April 05, 2018
April 05, 2018
JEFFERSON CITY, Missouri, April 5 -- The Missouri Soybean Association issued the following statement by President C. Brooks Hurst:
"The Chinese Commerce Department's proposal to roughly triple tariffs on U.S. soybean is a substantial threat to Missouri soybean farmers' bottom line in a time of already tight farm margins. Within the announcement of new and increased tariffs on roughly $50 billion in imports, U.S. soybean saw a 25 percent increase - going from a Value Added Tax o . . .
"The Chinese Commerce Department's proposal to roughly triple tariffs on U.S. soybean is a substantial threat to Missouri soybean farmers' bottom line in a time of already tight farm margins. Within the announcement of new and increased tariffs on roughly $50 billion in imports, U.S. soybean saw a 25 percent increase - going from a Value Added Tax o . . .