Ag may have played a role in convincing Trump to hold off on China trade action (CNBC)

CNBC quoted Senior Research Fellow Joe Glauber for an article on US trade action against China. The article suggests that US agriculture played a role in the US’s decision to hold off from taking trade action such as imposing tariffs or trade penalties. Dr. Glauber explained that China would most likely target soybean in any attempts at a trade war. China is the largest consumer of American soybeans, which accounted for $21.4 billion worth of US agricultural exports.