Hart: Trade war won't be solved overnight

September 16, 2019
News

Dr. Chad HartChad Hart, associate professor, was interveiwed for a September 15th NPR story, "'We're Tightening Our Belt': Trump's Midwest Support Tested As Farmers Struggle."

The agriculture economy was already struggling, and the trade war is insult to injury that won't be solved overnight, says Iowa State University agriculture economist Chad Hart.

"Trade negotiations, especially in the case of the wide-ranging issues we have with China, take years to get down to a final agreement," says.


Hart was also quoted in an Archy Newsy story, "Midwest farmers are looking to the USMCA for relief during China's trade war," September 13.

The Democrats have expressed concern about the provisions on the work and environment of the new agreement, but Professor Chad Hart of Iowa State University warns that if the bill is not approved, it could have effects beyond US soil.

"We are holding back the rest of the world," he said. "Our economic expansion is helping the global economy to try to counteract. If we enter a recession, the rest of the world tends to follow. "

 

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