Farmer Paul Taylor is willing to give Trump the benefit of the doubt but is still worried about the 25 percent tariff China slapped on U. S. soybeans last week
The Trump administration’s escalating trade war with China is putting some American farmers on uncertain ground. In response to U. S. tariffs, China – the leading importer of U. S. agricultural foods over the past few years – slapped a 25 percent tariff on U. S. soybeans last week and more retaliation could be ahead.
Farmer Paul Taylor, the owner of an 800-acre farm, isn’t thrilled by the prospect of tariffs but he’s willing to give President Trump’s trade approach a shot.
“I’m gonna give him the benefit of the doubt,” Taylor told CBS News’ Dean Reynolds. “I think it’s okay to shake things up.”
Though optimistic, the third-generation farmer has concerns like whether it will drive the Chinese to buy more soybeans from Brazil.
