The US is planning to impose tariffs on China, Canada, and Mexico, a move that could impact the American farming industry. John Boyd, Founder and President of the National Black Farmers Association, discusses the potential consequences of these tariffs, including a possible trade war and the impact on agricultural labor.
on China, Canada and Mexico in a move some economists say could impact our economy and necessary industries.
Four years ago, China put tariffs on American soybeans. Now, with the U.S. planning to impose these tariffs on the country, we asked Boyd if he expects this to begin a retaliatory trade war. Boyd said if they don't have the money they cannot pay for labor and that, as well as mass deportations, could in turn create a ripple effect on the American consumer.
TARIFFS TRADE WAR FARMING INDUSTRY AGRICULTURAL LABOR US ECONOMY
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