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Tariff on it. the u.s. is targeting 13 items, aerospace equipment, tech, medical supplies. the white house first unveiled this list in march. it is moving ahead despite multiple rounds of trade talks with beijing and despite the summit with north korea. this is punishment for china stealing u.s. trade secrets. china vows to respond in kind. what has it threatened to do in the past? slap its own tariffs on soy beans, planes, cars. the u.s. also faces tariffs from the eu, canada, mexico. guys? >> sounds you complicated. thank you very much. >> actually very simple. >> for you. >> you charge me, ...

Kind. all of this at a time our farmers are feeling it right now. connell mcshane at a sow bean farm in iowa. connell? >> hi, neil. you may not have seen it in stocks but we saw a bit of a drop in soy bean prices. as far as the eye can see on this beautiful farm in iowa, there's soy bean planted for the fall harvest. the hope is that many of those soy beans will end up in china. we'll talk to ron heck who is kind enough to have us on his farm. it's a $12 billion a year business. with all of this talkf tde tensions what is the impact on your business so far? >> so far so good. it's all talk. no...

>> neil: thanks very much, connell. the problem would be if the chinese stop buying soy beans. we have lindsey, deidra and charlie with us. we seem to think cooler heads prevail. will they? >> right now it remains to be seen. a lot of conversation and looks as if president trump is using this as talking points, negotiation points to get to a better trade relationship. i think he's taking steps in the right direction. he's bringing the conversation to light. as we heard, something had toe done. it appears he's forcing something to be done. >> neil: wilbur ross leaves beijing without a tentative...

State. it's barbarian 101 him we are james town, they're great britain. we send them raw materials, natural gas, soy beans, hogg. they send us back to advanced from the point of view of somebody in the republican establishment, from the column you referenced they said from our point of view things are working out fine. trump talks stuff and little happens. the stuff that gets implemented to the core republican agenda, and what you're going to see is he's going to make some of these attempts at protectionism, but look what the reality is. he's doubled down on afghanistan. he's doubled down on i...

That's why we hope there's some latitude and he did that with the samsung tariffs on washing machines. elizabeth: if i were to sort of surmise your reaction, you're supportive, but critical, but you trust his decision? >> i trust his judgment. he wants to balance, he wants fair trade and i think that's what he's trying to do. so we support the president. i hope, with the economy, though, he will give extra thought to countries that are friendly to the united states and particularly to south carolina and other countries because it affects the agriculture department. look what china is doing on ...