Dairy farmer income will take a $2.5 billion hit this year if the tariffs remain in place through 2018, according to a new study by Informa Economics. China & Mexico accounts for 34% of US dairy exports. https://www.dairyherd.com/article/study-loss-china-mexico-dairy-trad...
Chinese and Mexican tariffs cost you $1.54 per hundred wt.
Keep in mind that the Mexican tariffs in response to the US steel & aluminum tariffs didn't change with the new NAFTA.
Class 3 milk
