Those of us in the rest of the world view U.S. agricultural products as subsidised and dumped on the world market. Look at the history of the Chicken Tax to see the long history of this.

The rest of the world would actually prefer jobs for our own farmers and we would also prefer to not be eating genetically modified junk from America. It is theoretically possible to live without a Harley Davidson motorbike and whatever else America actually makes these days, as for food, that is vital. Therefore in places like Japan rice is given special protection.

I hope the Chinese respond by selling off the many trillions of US bonds/debt they have been buying over the years.

I also hope that the petro-dollar is no more and that the world can move to an era of genuine fair trade.