International Seminar Series: “Impact of Chinese Trade Relations on Illinois and U.S. Agriculture”
From 2000 to 2017, U.S. agricultural exports to China increased eight-fold. By 2017 China was the top export market for Illinois and American agriculture, accounting for 25% of Illinois agricultural exports and 16% of total U.S. agricultural exports. A trade war was sparked between the two countries in March 2018 when the U.S. implemented steel and aluminum tariffs. China swiftly responded with retaliatory tariffs on over 100 American goods, including several agricultural commodities that are key to the Illinois economy. The trade war between the two countries has continued to escalate, with China dropping to the 4th largest export market for U.S. agricultural goods in 2018, and the total value of U.S. agricultural exports to China falling by nearly 60% from 2017 to 2018. The effects of the trade war continue to be felt both locally and nationally. During this seminar, the speaker will provide context on the importance of Chinese agricultural trade to the Illinois and U.S. economies, describe the current state of trade relations, and discuss the short-term impacts and potential long-term consequences of this trade war on the agriculture sector.
Dr. Maria Boerngen is an assistant professor of agribusiness at Illinois State University. She received her Ph.D. in Agricultural and Consumer Economics from the University of Illinois at Urbana-Champaign, specializing in international and policy economics. Dr. Boerngen teaches a variety of agribusiness courses including Commodity Futures & Options, Farm Management, Farm Commodity Pricing, Farm Supply & Food Industry Management, Strategic Analysis of the Agribusiness Firm, and International Trade of Agricultural Products. Her research focuses on farmer education and outreach, on-farm decision making, farm management, and the scholarship of teaching and learning. She joined the ISU faculty in 2015 after nine years as the agribusiness instructor at Lake Land College, a community college in east-central Illinois. She is associate editor of Natural Sciences Education published by the Alliance of Crop, Soil, and Environmental Science Societies, and serves as the Academic Vice President of the Illinois Society of Professional Farm Managers and Rural Appraisers.
Series Overview: The International Seminar Series offers the Illinois State campus and Bloomington-Normal communities weekly opportunities to learn about a wide range of international topics. Guest speakers are usually experts in their fields across a range of disciplines who cover a wide array of cultural, historical, political and social topics.
Series events have become one of the most popular internationally focused events on campus and continue to draw ever-growing crowds of students, faculty and community members. Audience members are given time at each event to raise questions to enable a two-way participation and learning.
International Seminar Series events are free and open to the public and occur every Wednesday from noon to 1 p.m. in the Bone Student Center. The Fall 2019 series will focus on understanding contemporary China.