Canada-China Trade War Escalates
This is a China news story, published by MSN, that relates primarily to the United Auto Workers Union news.
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basic Iowa farmerCbs
•Business
Business & Economics
U.S. farmers react to China's retaliatory tariff increase
61% Informative
Ontario puts a 25% surcharge on electricity sales to Michigan , Minnesota and New York .
China slapped an additional 15% import tax on American farm products, including pork, poultry, beef and soy beans.
China is the largest overseas market for many US farm products.
The U.S. exported nearly $13 billion worth of soybeans to China alone and another 1 1/2 billion in beef.
So we should point out over the weekend , the president's tariffs are in the big endorsement from a former critic, the head of the United Auto Workers Union , saying that tariffs are a good thing because it's going to help boost American manufacturing. So we'll see what the political pain looks like alongside the economic hurt many are feeling tonight ..
VR Score
62
Informative language
58
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76
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informal
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English
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34
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short-lived
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