Trump's trade war and farmers

Sep 2014
5,087
1,600
South FL
Funny how conservatives idea of small government and handouts suddenly go out the window when it comes to large corporations
Republicans do, no question. But most conservatives aren't in favor of subsidies. Democrats love to subsidize Tesla and solar panels. Republicans love Boeing and farmers. Both sides apparently are ok subsidizing the Big 3 and protecting politically powerful corporations / industries from foreign competition
 

HayJenn

Moderator
Jul 2014
71,372
61,989
CA
U.S. farmers lost one of their biggest customers after China officially cancelled all purchases of U.S. agricultural products, a retaliatory move following President Donald Trump’s pledge to slap 10% tariffs on $300 billion of Chinese imports.

China’s exit piles on to a devastating year for farmers, who have struggled through record flooding and an extreme heat wave that destroyed crop yields, and trade war escalations that have lowered prices and profits this year.


“It’s really, really getting bad out here,” said Bob Kuylen, who’s farmed for 35 years in North Dakota.

“Trump is ruining our markets. No one is buying our product no more, and we have no markets no more.” Agriculture exports to China dropped by more than half last year. In 2017, China imported $19.5 billion in agricultural goods, making it the second-largest buyer overall for American farmers. In 2018, that dropped to $9.2 billion as the trade war escalated, according to the United States Department

Kuylen, who farms roughly 1,500 acres of wheat and sunflowers, lost $70 per acre this year, despite growing good crops. Current government subsidies only cover about $15 per acre, he said.


'Trump is ruining our markets': Struggling farmers are losing a huge customer to the trade war — China
 
May 2012
70,212
14,179
By the wall
'Causalities'?!? Yes, and Donald Trump is the CAUSE of this trade war.

You probably meant to write 'casualties'. And again, yes. But since there are always casualties in a war, we should generally try to avoid them, unless absolutely necessary, such as in the case of World War II. The 'Good War', as some of us call it.
Trump didn't cause the trade imbalance, he is just the one trying to fix it.
 
May 2012
70,212
14,179
By the wall
U.S. farmers lost one of their biggest customers after China officially cancelled all purchases of U.S. agricultural products, a retaliatory move following President Donald Trump’s pledge to slap 10% tariffs on $300 billion of Chinese imports.

China’s exit piles on to a devastating year for farmers, who have struggled through record flooding and an extreme heat wave that destroyed crop yields, and trade war escalations that have lowered prices and profits this year.


“It’s really, really getting bad out here,” said Bob Kuylen, who’s farmed for 35 years in North Dakota.

“Trump is ruining our markets. No one is buying our product no more, and we have no markets no more.” Agriculture exports to China dropped by more than half last year. In 2017, China imported $19.5 billion in agricultural goods, making it the second-largest buyer overall for American farmers. In 2018, that dropped to $9.2 billion as the trade war escalated, according to the United States Department

Kuylen, who farms roughly 1,500 acres of wheat and sunflowers, lost $70 per acre this year, despite growing good crops. Current government subsidies only cover about $15 per acre, he said.


'Trump is ruining our markets': Struggling farmers are losing a huge customer to the trade war — China
They will be better off after China buckles then will be wondering why other presidents didn't do this to begin with.

Think of it like this, if an earlier president had taken on this issue these farmers would be making far more money then they were right now.
 

Rasselas

Moderator
Feb 2010
71,714
48,872
USA
Republicans do, no question. But most conservatives aren't in favor of subsidies.
Who voted for Trump, then.
Democrats love to subsidize Tesla and solar panels
Industries that we know are the future.
Republicans love Boeing and farmers.
I'm no sure about Boeing, but the motivations for subsidizing farmers is pure sop.
Both sides apparently are ok subsidizing the Big 3 and protecting politically powerful corporations / industries from foreign competition
True. of course, when your competition is state capitalism.....
 
Jan 2016
57,388
54,197
Colorado
Nonsense, China started the trade war long before Trump ever took office. You're wrong.
OK, I am not going to argue that we don't have plenty of very legitimate grievances about China's trading practices over the past three or four decades. Because we certainly do! But here is a post of mine from a different thread:

We had the perfect method for dealing with the Chinese and their unfair trading practices-----which virtually NO ONE disputes-----with the Trans-Pacific Partnership [TPP], which was an anti-China trade agreement, something that virtually NO Trump supporters seem to understand. And, like an idiot, your Donald Trump withdrew America from the TPP on his FIRST day in office.

They were popping the champagne corks in Beijing when Trump did that, believe me.
 
May 2019
5,218
6,423
midwest
U.S. farmers lost one of their biggest customers after China officially cancelled all purchases of U.S. agricultural products, a retaliatory move following President Donald Trump’s pledge to slap 10% tariffs on $300 billion of Chinese imports.

China’s exit piles on to a devastating year for farmers, who have struggled through record flooding and an extreme heat wave that destroyed crop yields, and trade war escalations that have lowered prices and profits this year.


“It’s really, really getting bad out here,” said Bob Kuylen, who’s farmed for 35 years in North Dakota.

“Trump is ruining our markets. No one is buying our product no more, and we have no markets no more.” Agriculture exports to China dropped by more than half last year. In 2017, China imported $19.5 billion in agricultural goods, making it the second-largest buyer overall for American farmers. In 2018, that dropped to $9.2 billion as the trade war escalated, according to the United States Department

Kuylen, who farms roughly 1,500 acres of wheat and sunflowers, lost $70 per acre this year, despite growing good crops. Current government subsidies only cover about $15 per acre, he said.


'Trump is ruining our markets': Struggling farmers are losing a huge customer to the trade war — China
And then there is this.
:cool:

 
  • Like
Reactions: Friday13
Jan 2016
57,388
54,197
Colorado
Trump didn't cause the trade imbalance, he is just the one trying to fix it.

Fixing it?!?!? He's making it WORSE!!

I mean, you DO know that, right? I HOPE you are aware that America's trade deficit today is the highest it has been in more than ten years. I HOPE you are aware that Trump's trade deficits are WORSE than anything we saw during the entire eight years of the Obama Administration.

I've explained before why and how Trump's policies are necessarily going to make the trade deficit worse. And it is because he fundamentally does NOT understand what is CAUSING America's enormous trade deficit. He has completely, in other words, misdiagnosed the problem. He wants to blame foreigners for our trade deficits, which is an easy and popular thing to do------gets votes!

But America's trade deficit is clearly stamped: Made in America!
 
Jan 2016
57,388
54,197
Colorado
They will be better off after China buckles then will be wondering why other presidents didn't do this to begin with.

Think of it like this, if an earlier president had taken on this issue these farmers would be making far more money then they were right now.
Wow. You actually truly believe that China is going to "buckle" on this! That's amazing! I mean, that's an amazing level of naivety and gullibility. We are getting increasing signals from China that they are simply done trying to negotiate with Donald Trump, whom they have come to regard as an unreliable negotiating partner. [Shock! Gasp!] China thinks in the long term, unlike most Americans, and they have decided (many observers now think) to simply wait out the 2020 American election, and hope that America chooses a more reasonable and rational President.

Hey, has IRAN 'buckled' yet?