With the U.S. and China imposing additional tariffs on each other, the American Soybean Association is saying there will be irreversible consequences if the trade war isn’t resolved soon. In a statement, ASA farmer-leaders said the U.S. may become the supplier of last resort in largest global soybean market. Recognizing the long-term impact of a trade war with China, ASA CEO Ryan Findlay is asking the Trump Administration to finalize NAFTA, reconsider joining the TransPacific Partnership and negotiate more bilateral trade agreements.
