Trump's Trade War Hits Home: China's Retaliatory Tariffs Target Texas Pecans, Grapefruit

WASHINGTON — President Donald Trump's escalating trade skirmish with China isn't taking a big bite out of Texas' agriculture industry — for now.China this week implemented some $3 billion in tariffs on goods ranging from tree nuts to pork to cherries, with the country's trade officials making clear that the ag-heavy action was retaliation for Trump's decision last month to impose stiff import levies on steel and aluminum.The 128-item tariff list did hit some Texas stalwarts, such as pecans, that rely on trade to China. But it avoided the state's big-ticket products like beef, sorghum and corn. Other Texas classics, such as red grapefruit, also made the list. But they aren't exported to China in great numbers.The relative reprieve, however, doesn't mean Texas' farmers and ranchers are resting easy.  Continue reading...

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