Just the threat of a trade war is sending shock waves through farm country, including at this Indiana pork farm
TIPTON, Ind. — Trade tensions between the U. S. and China escalated Wednesday, after Beijing threatened $50 billion dollars in import tariffs on more than 100 products made in America, including soybeans, beef, cars and planes. The announcement came hours after the U. S. targeted 1,300 Chinese goods for tariffs.
But just the threat of a trade war is sending shock waves through farm country, including at Keith Schoettmer’s pork farm.
«Certainly any time we feel that there’s going to be a disruption in exports, we’re gonna feel squeezed,» he said.
The discomfort over talk of a trade war with China extends far beyond Schoettmer’s Tipton, Indiana, spread.
«If we had the opportunity to talk to President Trump, we would just reiterate just how vitally important the exports are to our industry,» Schoettmer said.
Last year, the U.