, Columnist
Where $17 Billion in Shifted Tariffs Might Land
Any transfer of farm levies to other export sectors would leave valuable parts of America’s economy in jeopardy. Alternatives aren’t clear cut.
A mere pawn.
Photographer: Daniel Acker/BloombergThis article is for subscribers only.
Here’s some good news for America’s flood-hit farmers: China is looking at shifting agricultural tariffs, imposed as part of its tit-for-tat trade war with President Donald Trump, to other products instead.
Levies of some sort would still remain in place, people familiar with the situation told Bloomberg News, but move to non-agricultural items. That would allow Beijing to match Washington’s tariffs, which the U.S. government intends to maintain for leverage to open up China’s economy.