The Hard (or Easy) Part About Resolving the Trade War

By David Widmar and Brent Gloy

Nearly three months have passed since China imposed the 25% tariff on U.S. soybeans. While rumors of a trade war and questions of “what if” dominated spring planting, fall harvest starts with the lingering question of “how long will it last?” This is something that we’ve thought a lot about. While we don’t have a crystal ball answer, this week’s post shares two perspectives on why resolving the Trade War is either hard or easy. (more…)