Iowa will see 'hits across the board' as trade war with China escalates

An escalating trade war between the U.S. and China will hit two key parts of Iowa's economy — farming and manufacturing. And the timing is terrible.China said Monday it will levy tariffs of up to 25 percent on pork, ethanol and dozens of other products that would hammer Iowa's ag economy as it struggles to get out of a lingering downturn."It's going to make a bad situation worse for agriculture," said David Swenson, an Iowa State University economist. "You're going to see hits across the board," including job losses, said Chad Hart, an ISU agriculture economist. "This will reach across Iowa, because it's impacting both manufacturing and ag sectors," Hart said. "That will hit the state economy. That will hit the state government."