Hearings are underway in Washington, D.C. on a proposed list of Chinese products the United States has targeted with 25-percent tariff.
The three-day event features testimony from more than 100 witnesses. One of those testifying is farmer Michelle Erickson-Jones, a member of Farmers for Free Trade.
Erickson-Jones says the United States farm community is starting to feel the effects of the threatened tariff response by China. The Montana rancher says the market interruptions can “devastate agriculture prices and drive U.S. farmers out of business.”
The hearings come as the U.S. and China discuss a potential agreement that would soften China’s tariff stance on U.S. agricultural products. Over the weekend, the Administration hinted at lifting an export ban on China’s smartphone maker, ZTE in exchange for status quo agricultural trade.
A delegation from China is visiting with United States trade officials in Washington, D.C., in a possible effort to avoid a trade war. Comments from American Farm Bureau Federation (AFBF) representatives in the program below.
AUDIO: Profit Matters 5-16-18