ByKaolin Sewell/The Midwest Center for Investigative Reporting |
The United States has been in a trade war with China over the last several months, swapping import tariffs worth billions of dollars stemming from U.S. investigations into China's trade practices including “technology transfer, intellectual property, and innovation.” This timeline shows how we got here.
Generally speaking, pork barrel politics amounts to politicians trading favors to constituents or special interest groups for political support, often as campaign contributions. Pork barrel spending, better known as earmarks in federal spending bills, have surged in 2018. Who may be profiting this year? Smithfield Foods.
ByPam Dempsey, Anna Casey and Dave Dickey/The Midwest Center for Investigative Reporting |
As China and the U.S. swap threats of import taxes on billions of dollars of goods, financial markets fluctuated and farmers are frustrated, saying they worry over hard-built trade relationships with one of their largest customers.
ByPam Dempsey/Midwest Center for Investigative Reporting |
Congressional leaders said they would explore federal help for farmers should tariffs be put in place but Tamara Nelson, senior director of commodities for the Illinois Farm Bureau, said the moves would not help. “Farmers don’t want aid, farmers want to be able to trade,” she said.