The New York Times published an article on President Trump’s accusations that China and the European Union had manipulated their currencies to gain an advantage in international trade. He also promised to impose more tariffs on $500 billion worth of Chinese imports, approximately all the goods China sends to the US each year. Many farmers are growing weary of higher tariffs, as exporting goods is vital for their livelihoods. Senior research fellow Joseph Glauber was interviewed, saying, “trade has been the bright spot for farmers. Until the tariffs were put on, farm exports have been near record highs in value.”
