The State-level Burden of the Trade War: Interactions between the Market Facilitation Program and Tariffs
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The Center for Agricultural and Rural Development (CARD) conducts innovative public policy and economic research on agricultural, environmental, and food issues. CARD uniquely combines academic excellence with engagement and anticipatory thinking to inform and benefit society.
CARD researchers develop and apply economic theory, quantitative methods, and interdisciplinary approaches to create relevant knowledge. Communication efforts target state and federal policymakers; the research community; agricultural, food, and environmental groups; individual decision-makers; and international audiences.
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The costs and benefits of the trade war are unevenly distributed across the United States. Looking at the raw impact on commodity prices, such as soybeans, we know that it disproportionately affects farmers in the Midwest. The Phase One Trade agreement between the United States and China promises substantial relief; however, we question if the Phase One targets are realistic (See “The Phase One Trade Deal: Projections and Implications” by Chad Hart and Lee Schulz in this issue). Thus, it is important to consider just how much is at stake for different states and the nation as a whole.