China Announces Decision to No<br />Longer Buy US Agricultural Products.<br />China’s decision to completely stop purchasing<br />American agricultural products was made on<br />August 6 by the Chinese Commerce Ministry.<br />It is specifically in response to president Trump’s<br />recent decision to institute a 10 percent tariff<br />on $300 billion worth of Chinese goods.<br />as well as Treasury Secretary<br />Steven Mnuchin’s recent labelling<br />of China as a “currency manipulator.”.<br />The move to halt importation can also be<br />seen as a political tactic, as Trump draws a<br />large portion of his support from rural America.<br />China’s announcement that it will not buy any<br />agricultural products from the United States<br />is a body blow to thousands of farmers and<br />ranchers who are already struggling to get by, Zippy Duvall, President of the American<br />Farm Bureau Federation, via statement .<br />China has been the largest importer of American<br />soybeans and the top-three importer of pork. .<br />Overall, they are the fourth-largest<br />importer of American agricultural products,<br />having spent $9.1 billion in 2018.
