USDA Reacts To Tariffs Against China

On Friday, the Trump Administration announced the implementation of $50 billion worth of tariffs on technology and other items coming in from China.  In retaliation, China has announced similar tariffs on U.S. goods, mainly agriculture products.  Ag Secretary Sonny Purdue said  there is a process underway that could help soften the blow to U.S producers.

"We've gotta look at the market impact. We're tracking it to look and see what market damage there is from the trade disruption. Then we'll make a calculation and determination in conjunction with the White House and Congress over what direction we can take."

Once again Purdue says, as he has over the past few months, he does not want to reveal just what kind of help is being planned to assist producers.   He said that first, experts have to figure out what kind of tariffs China will impose.

"And we'll have to see from a retaliatory perspective how that plays out."

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