Less than two weeks after President Trump slapped new tariffs on imports of solar panels and washing machines, China has launched an investigation into a key U.S. agricultural export, writes Daniel Shane on Money.CNN.com.
Chinese authorities said Sunday they would examine whether the U.S. is unfairly subsidizing exports of sorghum, a crop that is used to feed livestock and make a liquor that’s very popular with Chinese drinkers.
Preliminary information showed “extensive dumping” of U.S. sorghum at lower than normal prices, China’s Commerce Ministry said in a statement. That has caused “material injury” to Chinese farmers, it added.