On Tuesday’s broadcast of Newsmax TV’s “Rob Schmitt Tonight,” White House Senior Counselor for Trade and Manufacturing Peter Navarro said that the White House is trying “to domesticate, essentially, the demand for corn through the ethanol program.” because whenever there are tariffs on China, China “cancels all its purchases of both corn and soybeans.” And “There’s a companion program to do it with soybeans as well.”
Navarro said, “Think of it this way: Soybean farmers and corn farmers are often the same people. They rotate their crops. They grow a lot of that stuff, and they’ll grow a lot of it in Iowa. And what happens every time President Trump puts tariffs on? China cancels all its purchases of both corn and soybeans. So we’ve
Continue reading
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!