Question

what are some impacts of moving tariffs on products imported from China in overall Business Strategy in the California agriculture industry. how could this effect california

what are some business policy recommendations for the agriculture industry, for either China or California, over the next 5 years

Answer 1

California farming industry was the hardest hit by the China-U.S. trade disagreements, with the biggest fall in exports to China. Tariffs and possible tariffs have caused an alarm for California's farming sector. As Trump moving tariffs on items imported from China, China also retaliated by canceling purchases of agricultural items, among the greatest U.S. exports to that country. The majority of the agricultural products have actually undergone a rise in import tariffs in the tit-for-tat maneuvering in between Chinese President Xi Jinping and Trump. The U.S federal government might establish aids to negate tariffs result, but these subsidies will come out of the pockets of customers. The cost of tariffs on Chinese items by America leaves out the expenditure of subsidies to farmers throughout the U.S. paid by the Trump administration, including California and the Valley for offsetting their possible sales lost to China. The tariffs on agricultural goods have actually lead to an extremely negative effect on California. The tariffs add to the cost of foreign products coming into a nation. It suggests that U.S. exports to China would end up being more pricey for Chinese consumers, while U.S. consumers pay higher rates for goods imported from China.

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