Perdue: Ag economy vulnerable to Chinese retaliation for U.S. trade actions

Agriculture Secretary Sonny Perdue on Tuesday told the House Agriculture Committee that China is targeting U.S. grain sorghum exports in response to U.S. trade actions – a situation he says exemplifies the agriculture economy’s vulnerability to trade retaliation. Over the weekend, China’s Ministry of Commerce announced an antidumping and countervailing duty investigation into U.S. sorghum exports, according to state-run media. Wang Hejun, the director of MOFCOM's Trade Remedy and Investigation Bureau, said “The evidence shows that low-price sorghum exports to...