Chinese soybean tariff would hit Iowa's economy hardest, new report says [View all]

Donnelle Eller Published 2:58 p.m. ET May 13, 2018

China's proposed tariff on soybeans would hit Iowa's economy the hardest nationally, even though the state is not the largest U.S. soybean grower, a new report says.

Moody's Investors Service said Iowa exported nearly $2 billion in soybeans to China in 2016, making up about 4 percent of the state's economy — the largest exposure of any state in the nation.