Iowa (KCAU) – The trade war between the United States and China is escalating after both countries announced new retaliatory tariffs.
Iowa’s $2 billion poultry industry is the latest agricultural industry to feel the impact of the trade war. It is especially difficult for turkey producers in the state who have faced a ban on exports to China since the threat of the avian flu began in 2015.
Industry experts are worried about the future of Iowa poultry but remain optimistic negotiations between the two countries could help.
“For four years we’ve been waiting for this to change. These to me are very optimistic that more discussion is happening. So hopefully this four-year delay in letting turkey products into China will end soon,” Gretta Iwrin with the Iowa Turkey Federation said.
China’s new tariffs will affect $60 billion worth of American goods that could go into effect in June if negotiations do not progress.