Kentucky soybean farmers are struggling with uncertainty and loss of income because of tariffs imposed by China, in retaliation for President Donald Trump’s tariffs on Chinese products coming into the U.S.
The impact of the escalating trade war between the U.S. and China began reverberating on Kentucky soybean farms about three months ago. The uncertainty hit the soybean market even before China’s 25 percent tariff on U.S. soybeans went into effect in July.
Jed Clark is vice chairman of the Kentucky Soybean Board. He farms 1,100 acres of soybeans in Graves County and said he’s seen the value of his crop decrease in the past few months because of the Chinese tariffs.