President Trump's recently implemented tariffs on steel and aluminum imported into the U.S. continued to draw significant attention for a second week. With exemptions for Canada and Mexico being discussed, U.S. farmers fear the potential repercussions of not giving China a similar exemption. President Trump has stated he is willing to put more aggressive pressure on trading partners, specifically China.
According to the U.S. Department of Agriculture, half of American Soybean exports, valued at $14 billion in 2016, go directly to China. If President Trump's tariffs are applied to China, the retaliation could drastically impact the region's agricultural base.
