Senator Grassley Has Hopes for Second Round of China Trade Talks, 4:04

May 14, 2019

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Many Iowa soybean growers are frustrated by the escalation of the trade war between the U.S. and China.

Lindsay Greiner, president of the Iowa Soybean Association, says he was optimistic a deal would be reached. 

Iowa’s senior senator says he’s disappointed with the escalating trade tensions between the U.S. and China. Republican Chuck Grassley stands by the president’s efforts pressuring China to align its trade practices with global expectations on intellectual property and other issues. But he says increasing tariffs on soybeans and other agricultural products hits farmers hard.

0514grassleytrade1 Farmers are hurting the last few years and the main reason is oversupply and overproduction but trade is also adding to this problem, the tariffs in a trade that is. (:15)

The senator says he supports a proposed second-round of relief payments for farmers, but would rather see a quick and successful end to the trade negotiations with China.

Washington has dethroned Iowa as the best state in the nation, according to the 2019 Best States rankings from U.S. News & World Report released Tuesday.

Iowa, which held the top spot in the 2018 report, slipped to No. 14 in the new comparisons. In the 2017 ranking, Iowa was rated sixth.