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May 14, 2019

Farmers feel pain of China's tariffs

DES MOINES, Iowa (AP) — China's announcement Monday of higher tariffs on $60 billion of American exports — retaliation for President Donald Trump's latest penalties on Chinese goods — hit a particular nerve here in the farm belt. China's vast consumer market has been a vital source of revenue for Americans whose livelihoods depend on farm exports.

Beijing's action wasn't unexpected. But it still felt like a heavy blow to many.


 
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