Entrepreneurship
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The idea of producing your own food in a clean, controlled environment is very appealing. While dreams may be big, careful research and planning should be done prior to jumping into any farm venture. Important items such as desire, capital, feasibility, labor, demographics, and marketing all need to be considered.
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Starting a farming or commercial production enterprise requires more than knowledge of agriculture or livestock management. The business side of farming is a critical factor in the success and sustainability of the enterprise. This resource can help answer common questions that beginning farmers have about planning, licensing requirements, financing options, training, and more.
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In 2018, the Trump Administration proclaimed significant changes in tariff actions on a variety of U.S. imports, which led to retaliation by U.S. trading partners—including China and many U.S. allies. These actions led to a 2-year trade dispute between the United States and China. Global commercial ties were destabilized and the trade and investment transactions and flows were hampered by the resulting trade dispute. This paper documents the timeline of the U.S.–China trade dispute and the retaliation and responses from China to the Trump Administration’s tariffs. As cotton and its related products were caught in the middle of the trade dispute, this paper also provides discussions about the tariffs implemented by both countries on the cotton and textile sector.
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