Trade tensions are on the rise between China and the United States. On this episode of the IBISWorld podcast, editor Kieran Newton turns to analysts John Madigan and Jon Hadad to break down the recent tariff salvos flying back and forth between these two global powerhouses. John Madigan focuses on the potential repercussions for US agriculture, while Jon Hadad investigates both sides' rationales behind the escalations.

For more information about the steel and aluminum tariffs that began this dispute, listen to episode 15 of this podcast, which dives deep into that very topic!

(Correction: John Madigan misspoke when he said that 98% of counties that produce soybeans voted for President Trump; the correct statistic is 89%.)