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Branstad: China soy cutbacks ill-advised

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Chinese curbs on soy imports from the United States would hurt the Chinese people more than American growers, U.S. Ambassador Terry Branstad said Thursday on Bloomberg Television. “It doesn’t make sense and it would hurt the Chinese consumers,” Branstad said in an interview, according to Successful Farming. “Ultimately, the Chinese will realize we need to work together on these issues and retaliation is not the answer, but instead collaboration and cooperation to address the issues that have been around for a long time,” said Branstad, former governor of Iowa, one of the top soybean producers.