President Donald Trump's trade policies have set up American farmers for an impending disaster, as China refuses to buy soybeans from the United States. According to The New York Times, the move by the Chinese government to halt U.S. soybean imports "has had devastating repercussions for farmers in North Dakota, which exported more than 70 percent of its soybeans to China before Trump unveiled the new tariffs this year. Unless China agrees to restart its purchases as part of a trade deal, farmers that depend on the Chinese market will be facing steep losses that could fuel farm bankruptcies and farm foreclosures around the United States."
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