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% of the state's economy — the largest exposure of any state in the nation.
"Iowa runs a close second to Illinois in soybean production but has much more economic exposure to the crop," the report said.
Read the full article at USA Today.
