Who gets hurt by China’s new tariffs on American goods? Farmers and chemical makers

China’s announcement Monday that it will raise tariffs on $60 billion of American goods compounds the pain in what is fast becoming all-out trade war between the two countries as U.S. farmers, chemical makers and others brace for a further hit to revenue.

“Effectively, that market (China) is closed to U.S. exporters,” says Ed Brzytwa, director of trade for the American Chemistry Council. Read more

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