At 2:30 a.m. Wednesday morning, Mid-South farmer Mike Sullivan received unwelcome news: China had just announced it was planning on putting a 25 percent tariff on American soybeans — a crop Sullivan just started planting on 13,000 acres of his Arkansas farm.
"It's been nerve-wracking, to put it mildly," Sullivan said. "We absolutely cannot lose China as a buyer."
China buys more American soy than any other nation and purchases about 30 percent of soybeans grown in Arkansas, where most Mid-South…