US soy farmers and industry on Tuesday urged President Donald Trump to pull back from his tariff threat and quickly bring an end to the trade dispute with China. Trump has vowed to more than double the tariffs on $200 billion in Chinese goods starting Friday, after US negotiators accused Beijing of reneging on commitments made during months of talks that aim to reduce the US trade deficit, clamp down on theft of US technology and reduce China's massive subsidies. American soy farmers have found themselves in the crosshairs of Chinese retaliation, and prolonging the battle will be even more damaging, Davie Stephens president of the American Soybean Association (ASA), said in a statement.
from Yahoo News - Latest News & Headlines https://yhoo.it/2Vhjwxs
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