Wisconsin Farmers Say Their Missing Out on Business Due to Trade War
Tuesday, July 13th, 2021 -- 10:00 AM
(Gray News) It all comes down to profits and opportunities, and some Wisconsin farmers say they are missing out on expanding their businesses due to the trade war.
In the past several years, the cost of getting products to the consumer has steadily increased. The trade war and rising tariffs center around what the U.S. believes are unfair trade methods by China including allegedly stealing trade secrets that give the country a better economic position over America.
An example is stealing trade secrets that allow a Chinese firm to benefit from US technology without having to incur development costs or pay a licensing fee to the US firm.
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