Louisiana Soybean Producers Hit Hard by Chinese Trade War

By Sibile Marcellus, Yahoo Finance

Louisiana has been the state hardest hit by the drop in soybean exports – soybean exports fell from $12.8 billion in 2017 to $11.2 billion (or more than 12%) in 2018, according to Deutsche Bank. And the tariffs hit nearly 3% of Louisiana’s GDP, while swing states including Michigan, New Hampshire, and Ohio seeing about 0.5% of their GDP impacted.