China trade

The Hong Kong-registered cargo vessel OOCL Rotterdam is moored at the Port of Tacoma. China's government says it won't buy U.S. agricultural products, but whether that applies to private companies was unclear.

It’s unclear what actual impact China’s announcement this week that it will stop buying U.S. agricultural products will have on farmers and ranchers in the Pacific Northwest, but sources say that the uncertainty in itself has its own impact.

“If it seems like things aren’t going to get better, the market is going to react to that,” Dale Thorenson, assistant director of the U.S. Canola Association, said. “If it looks like in the near future we aren’t going to be making a deal, if we’re not going to be negotiating, if we’re not going to resolve this trade dispute, that means there won’t be sales. The market will price that in.”

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