Chinese tariffs could impact NJ soybean crop

<p>A crop grown in New Jersey could now be in the crosshairs of a possible trade war.</p>

News 12 Staff

Apr 7, 2018, 12:41 AM

Updated 2,219 days ago

Share:

A crop grown in New Jersey could now be in the crosshairs of a possible trade war.
China has threatened a 15 percent tax on imported soybeans as a form of retaliation against President Donald Trump, who has proposed a tariff on Chinese aluminum and steel.
Many soybeans are grown in New Jersey
“It’s all talk and rhetoric right now,” says farmer Paul Hlubik. “It’s really hard to predict anything.”
Hlubik grows 800 acres of soybeans on his farms. The beans are often used to make soy milk, tofu, pet food and other products. He says that he will plant more of another group later this spring if the soybean market looks to be in jeopardy.
“I have plenty of time between when the fields dry out and we start planting,” Hlubik says. “We can adjust our acreage, and we can grow more corn and less soybeans.”
Soybeans are a more-than-$40 million-a-year industry in New Jersey.
China has also threatened tariffs on more than 120 imports from the United States, including certain fruits and vegetables.


More from News 12
1:50
Curfew enforcement for kids under 17 now in effect in Newark

Curfew enforcement for kids under 17 now in effect in Newark

2:48
Rain throughout Sunday for New Jersey

Rain throughout Sunday for New Jersey

1:46
Officials: Man killed in house explosion in South River identified as retired Newark officer

Officials: Man killed in house explosion in South River identified as retired Newark officer

0:42
NJ lawmakers criticize how Rutgers officials negotiated with pro-Palestinian protesters

NJ lawmakers criticize how Rutgers officials negotiated with pro-Palestinian protesters

0:28
Special election to be held to fill late Rep. Donald Payne’s seat in Congress

Special election to be held to fill late Rep. Donald Payne’s seat in Congress

0:42
Jersey Proud: Army ROTC students from Rutgers, Seton Hall and Princeton train together

Jersey Proud: Army ROTC students from Rutgers, Seton Hall and Princeton train together

1:32
Knowing the early warning signs during Stroke Awareness Month

Knowing the early warning signs during Stroke Awareness Month

0:27
Prosecutor: 2 people seriously injured in 3-car crash; driver charged with drunk driving

Prosecutor: 2 people seriously injured in 3-car crash; driver charged with drunk driving

0:30
Police: New York man pointed knife at pro-Palestinian protester in Teaneck

Police: New York man pointed knife at pro-Palestinian protester in Teaneck

0:27
Officials: Paterson man threatened to ‘shoot up’ JFK Int’l Airport

Officials: Paterson man threatened to ‘shoot up’ JFK Int’l Airport

2:02
Authorities: Major fire displaces 20 people from 9 families in Elizabeth

Authorities: Major fire displaces 20 people from 9 families in Elizabeth

1:04
Hillsborough school officials vote to end middle school sports, make staff cuts amid budget cuts

Hillsborough school officials vote to end middle school sports, make staff cuts amid budget cuts

0:49
Bridgewater-Raritan School District waives fees to participate in clubs, sports

Bridgewater-Raritan School District waives fees to participate in clubs, sports

0:39
Officials: 3 pedestrians, including 2 children, struck by NYC-based news van in Elizabeth

Officials: 3 pedestrians, including 2 children, struck by NYC-based news van in Elizabeth

0:28
GoFundMe started for 6-month-old boy and his grandfather killed by fallen tree in Verona

GoFundMe started for 6-month-old boy and his grandfather killed by fallen tree in Verona

0:40
Main Street New Jersey: Restaurants, businesses to visit in Edgewater

Main Street New Jersey: Restaurants, businesses to visit in Edgewater

3:21
Bridge over section of I-95 in process of being demolished due to damage from truck fire

Bridge over section of I-95 in process of being demolished due to damage from truck fire

1:12
Several house fires break out Thursday in New Jersey; 1 man dead

Several house fires break out Thursday in New Jersey; 1 man dead

0:18
South Brunswick police searching for missing man last seen on Route 1

South Brunswick police searching for missing man last seen on Route 1

1:26
Look up! Annual Eta Aquarid meteor shower peaks early Sunday morning

Look up! Annual Eta Aquarid meteor shower peaks early Sunday morning