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CNN: Farm Bureau Says Tariff Announcement Signals More Trouble

News / In The News August 29, 2019

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CNN Business mentioned American Farm Bureau Federation’s reaction to China’s announcement of another round of retaliatory tariffs in a recent article.

“China will place additional tariffs of 5% or 10% on U.S. imports starting on September 1st, according to a statement posted by China's Finance Ministry,” reported CNN Business. “The American Farm Bureau Federation said the tariff announcement ‘signals more trouble for American agriculture.’"

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It’s not just the turkey that will cost more this Thanksgiving. Thanks to inflation and supply chain interruptions, nearly every ingredient in your holiday meal is more expensive, according to the American Farm Bureau Federation's annual Thanksgiving dinner cost survey.

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Supply chain issues have made life difficult for U.S. farmers, ranchers, and rural communities. Chad Smith has more on how those supply chain issues could make the holiday season more challenging for shoppers as well.

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