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Russia Strikes Could Cost Farmers
MOSCOW, RUSSIA (CBS2/FOX28) - Russia is striking back against tighter economic sanctions from the west and it might cost some Iowa farmers.
On Thursday the Kremlin announced a one-year ban on importing meat, fish, fruit, vegetables, and dairy products from the U.S.
Experts say the ban will cost western farmers billions of dollars.
Iowa sells pork and soybeans to Russia.
Iowa secretary of agriculture Bill Northey says, Russia hasn't been a major customer of ours for a while, but some farmers disagree, saying they're worried.
Several countries, including the U.S. have placed sanctions on Russia because they say the country hasn't done enough to help solve issues in Ukraine.