Chad Hart, associate professor was interviewed for a May 10 story in Ag|Update "Tariff escalation dashes hopes for quick deal."
“One of the risks right now is that this could possibly backfire and put us further back than we were before (in trade negotiations),” Hart said. “Any resolution has to be sort of a win-win for the U.S. and China.”
This story was also covered by a May 10th story in The Street "Donald Trump's Plan To Buy US $15 Billion Of Crops For Humanitarian Aid Does Not Thrill Farmers."
Hart said that starting around 2013, the global supply of soybeans had been outstripping demand, leading to a fall in prices. "The agriculture economy was struggling before this dispute but the dispute has exacerbated the reasons why it was down," he said.