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 2,210 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
1:53
Plenty of sunshine today with cooler temps for New Jersey; freeze watch until Friday

Plenty of sunshine today with cooler temps for New Jersey; freeze watch until Friday

0:20
NJ Transit rail service into and out of Penn Station New York delayed due to overhead power issues

NJ Transit rail service into and out of Penn Station New York delayed due to overhead power issues

1:50
Threatening message found at Dwight-Englewood middle school

Threatening message found at Dwight-Englewood middle school

1:53
Shop Mother’s Day Gifts – Exclusive Offers Up to 75% OFF!

Shop Mother’s Day Gifts – Exclusive Offers Up to 75% OFF!

0:26
Union police searching for missing 60-year-old man last seen at Whole Foods parking lot

Union police searching for missing 60-year-old man last seen at Whole Foods parking lot

2:19
How to protect spring plants from frost and freeze

How to protect spring plants from frost and freeze

0:24
Fanwood police warn of possible concert ticket scams on Facebook

Fanwood police warn of possible concert ticket scams on Facebook

0:36
New Jersey Instagram fraudster 'Jay Mazini' sentenced for his crypto scheme that preyed on Muslims

New Jersey Instagram fraudster 'Jay Mazini' sentenced for his crypto scheme that preyed on Muslims

0:51
Wildfire in Wharton State Forest consumes more than 400 acres of land

Wildfire in Wharton State Forest consumes more than 400 acres of land

Ready to explore the great outdoors? These 14 tips can help you stay safe while hiking

Ready to explore the great outdoors? These 14 tips can help you stay safe while hiking

Your Road Trip Close to Home adventure guide for April 25

Your Road Trip Close to Home adventure guide for April 25

1:13
The East End: Shou Sugi Ban House in Watermill

The East End: Shou Sugi Ban House in Watermill

2:54
Longtime Democratic US Rep. Donald Payne Jr. dies at 65 following heart attack

Longtime Democratic US Rep. Donald Payne Jr. dies at 65 following heart attack

0:56
Passaic to get $1.6M in federal funds to reduce flash flooding where 2 people died

Passaic to get $1.6M in federal funds to reduce flash flooding where 2 people died

2:56
Doctors combine a pig kidney transplant and a heart device in a bid to extend New Jersey woman's life

Doctors combine a pig kidney transplant and a heart device in a bid to extend New Jersey woman's life

0:43
Jersey Proud: Manchester HS students teach older generation about tech

Jersey Proud: Manchester HS students teach older generation about tech

2:23
'The tower is an eyesore.' Demolition of former Nabisco factory tower set to begin after 1-year delay

'The tower is an eyesore.' Demolition of former Nabisco factory tower set to begin after 1-year delay

1:03
Rep. Gottheimer announces another attempt to put an end to NYC’s congestion pricing plan

Rep. Gottheimer announces another attempt to put an end to NYC’s congestion pricing plan

0:29
Former Wawa gas attendant accused of stealing thousands of dollars from customers

Former Wawa gas attendant accused of stealing thousands of dollars from customers

1:33
AAA: New Jersey gas prices increase nearly 20 cents from last week

AAA: New Jersey gas prices increase nearly 20 cents from last week