US - Iowa farmers worry about economic loss amid escalating trade frictions

Описание: Subscribe to France 24 now:
http://f24.my/youtubeEN

FRANCE 24 live news stream: all the latest news 24/7
http://f24.my/YTliveEN

The Kimberley farm in Iowa is a symbol of U.S-China farming relations. The Chinese President Xi Jinping, then vice-president, visited in 2012, to experience an example of a model U.S. farm. Rick Kimberley is among a growing number of farmers concerned China''s tarrifs include ones of 25 per cent on soybeans and pork. SOT Rick Kimberley, Farmer (starting with shot 5): "You know, there are concerns on the farm. It''s been a long process and something that we cherish as farmers, the relationship that has been built over there in China"The concerns are echoed by Rick''s son - Grant - who is the Director of Market Development at the Iowa Soybean association. SOT Grant Kimberley, Director, Market Development, Iowa Soybean Association"Certainly if this would continue on for a very long time, you are going to see impacts to prices. That would put financial pressure on farmers and I would think that over time you would see challenges for farmers that may even have to file bankruptcy if this would go on for very long"The Iowa Farm Bureau estimates agriculture and related industries bring in more than 110 billion dollars into Iowa''s economy each year. Exports are a key part of that.At another farm nearby farmer Dave Struthers is demanding the White House change course. SONORE Dave Struthers, Farmer "I want to tell the Trump administration that we are the people that put you here, in rural America. We do not have a trade deficit in agricultural products. And you are trying to hurt us for a little gain in a small segment of the economy."The hope in Iowa is that a trade war can be avoided .. with farming accounting for one in five jobs.

Visit our website:
http://www.france24.com

Subscribe to our YouTube channel:
http://f24.my/youtubeEN

Like us on Facebook:
  / france24.english  

Follow us on Twitter:
  / france24_en