Detailed text transcripts for TV channel - KGO - 20190514:00:35:00
Adviser contradicting him this weekend. >> u.s. businesses and u.s. consumers who pay, correct? >> yes, to some extent. i don't disagree with that. again, both sides will suffer on this. >> reporter: for u.s. consumers, that means higher prices. according to one pro-trade group, the trade war could cost the average family of four in the u.s. an extra $767 per year. and for many farmers, china's retaliatory tariffs today are devastating. >> i'm preparing for the worst. >> reporter: john kiefner farms soybeans in illinois. china bought 60% of u.s. soybean exports before the trade war started. jo...