Farmers hurt by the ongoing U.S.-China trade war would rather have their markets back than the latest bailout from the Trump administration, says GOP Sen. Chuck Grassley.
"You work for decades to build up markets. You've got to be a credible supplier of your goods and these negotiations have interfered."
"They ought to live by the rules of international trade and … farmers know that you've got to get China to quit stealing our intellectual property," he added. Grassley said he hopes only $5 billion will ultimately be used because negotiations will get back on track. is going to have to go back to where they were on the 10-yard line of getting the ball over the goal. "$200 billion in Chinese goods to 25%Overall, soybean farmers have been among the hardest hit in the skirmish in terms of dollar value. Before the trade war, China bought roughly half of U.S. soybean exports. But the value of soybean exports to China fell 74% to $3.1 billion in 2018 from about $12.2 billion the previous year, according to the USDA.Sen. Debbie Stabenow, D-Mich.
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