ROCKTON, IL - OCTOBER 9: John Shedd, 85, loads a container with Bt-corn harvested from his son's farm October 9, 2003 near Rockton, Illinois. Shedd and his son farm 800 acres of the corn on farms in Illinois and Wisconsin. Bt-corn is a GMO (genetically modified organism) crop that offers growers an alternative to spraying an insecticide for control of European and southwestern corn borer. The Shedds sell the corn for use in ethanol. (Photo by Scott Olson/Getty Images)
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China is hitting the US where it hurts: Soybeans
China is the world's biggest buyer of US soybeans. Now, China plans to slap a tariff on them in retaliation. Here's what that means for farmers and your wallet.
01:54 - Source: CNN
Money and Politics 16 videos
ROCKTON, IL - OCTOBER 9: John Shedd, 85, loads a container with Bt-corn harvested from his son's farm October 9, 2003 near Rockton, Illinois. Shedd and his son farm 800 acres of the corn on farms in Illinois and Wisconsin. Bt-corn is a GMO (genetically modified organism) crop that offers growers an alternative to spraying an insecticide for control of European and southwestern corn borer. The Shedds sell the corn for use in ethanol. (Photo by Scott Olson/Getty Images)
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China is hitting the US where it hurts: Soybeans
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