MENU
  • Advertise
  • About Us
City not found, please try again.
Grand Forks
Set Your Location
72°
clear sky
56% humidity
wind: 8m/s ESE
H 73 • L 69
65°
Sun
63°
Mon
  • News
  • Events
  • Podcasts
  • Radio Stations
  • Contact
  • Big Iron
  • TransFARMation

Deescalating the Trade Standoff

Published April 3, 2018

Virginia Tech professor of agricultural and applied economics Mary Marchant has focused her research efforts on Chinese markets for over a decade. Marchant says international trade theories predict when two or more countries impose tariffs, both countries lose. Right now, ‘cool heads’ are needed to deescalate the trade standoff between the U.S. and China. “To reverse this, we need to look to both government and agriculture leaders in the U.S. and China,” says Marchant. The potential tariffs would cause U.S. goods to be more expensive, which could be devastating for farmers. “From an agricultural prospective, we need China, but they need us, too. China is working on diversifying it’s suppliers, so that goes back to building a relationship. A trade war goes against establishing trust.”

Share this:

  • Facebook
  • Twitter
  • LinkedIn
Categorized Under: Latest NewsPolicy
Tagged Under: Trade Warag economicsagricultureChinainternational trademarketsMary MarchanttariffsVirginia Tech
Previous ArticleTrade Dispute Gets Real
Next ArticleNeville Joins NDSU Carrington Research Extension Center

News Categories

  • Top Stories
  • Latest News
  • Markets
  • Ag Business
  • Crops
  • Livestock
  • Policy

Latest RRFN Podcasts

Country Morning
Friday, Mar 5th, 2021
Agriculture Today
Friday, Mar 5th, 2021
Market Analysis
Friday, Mar 5th, 2021
Weather
PM Weather
Friday, Mar 5th, 2021
This Week In Agriculture
Friday, Mar 5th, 2021
TransFARMation
TransFARMation: Trust Your Gut Feeling
Monday, Nov 2nd, 2020
Rural Perspectives
Friday, Feb 26th, 2021
engAGe
engAGe: Workplace Changes
Monday, Oct 19th, 2020

Subscribe to RRFN

Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.

  • This field is for validation purposes and should be left unchanged.
Affiliate Stations
AberdeenKMOM105.5 FMAdaKRJB106.5 FMBagleyKKCQ96.7 FMBemidjiKPMI1300 AMBensonKBMO1290 AMBismarckKLXX1270 AMCasseltonKZTK103.9 FMCrookstonKROX1260 AMDevils LakeKZZY103.5 FMFergus FallsKBRF1250 AMFosstonKKCQ1480 AMGraftonKXPO1340 AMJamestownKSJB600 AMLangdonKNDK1080 AMMahnomenKRJM101.5 FMMayvilleKMAV105.5 FMRoseauKCAJ102.1 FMRugbyKZZJ1450 AMThief River FallsKKAQ1460 AMWadenaKKWS105.9 FM

997 47th Avenue South, Unit 2 • Grand Forks, ND 58201

(701) 795-1315

Share this:

  • Facebook
  • Twitter
  • LinkedIn
© 2021 Red River Farm Network
Login

Please Login

Lost Password?
Comment

Leave a comment

Lost Password

Please enter your email and a password retrieval code will be sent.



New Password

Please enter your code and a new password.