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You realize that a tariff on an import involves collecting money, right?
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You realize when less soybeans are sent to China (because Chinese processors don't want to pay more due to the retaliatory tariff the Chinese government slapped on), which means the excess soybeans stateside drives down their price in the US and US farmers get screwed. Ohhhhhhhh.
Same for pork, and wine.
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Yes, hence the 12 bil.
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...from our pocket so Tramp can show China whose boss(?).
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Actually, China is a major lender to the U.S. as a result of the balance of payments, and the U.S. is running a huge deficit. So really, the U.S. is paying China interest on the $12 billion that are going to the farmers as a result of the retaliatory tariff China placed on the goods. Ironic.
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So you're saying that we're importing none of the tariff items.
Stop whining. You describe the negative impacts on this side and fail to realize that the same applies to the other side. An intelligent bird would argue durable vs perishable goods.
It's a complicated poker game that involves targeting the weaknesses of the other side. The Chineese do have a huge advantage in the fact that their people don't whine and protest their rulers.
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Harper, only if that 12 bil is borrowed from China. Is it?
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This huge debt to China, how did we get so far? Status quo.
Trump is attempting to help that.
Will it work?
Will it fuck us up? - further, that is. They basically own our ass via owning our debt.
I don't fucking know. But status quo is just ignoring a problem.
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Corn is no good for you anyways. They should focus on growing healthy food instead of corn.
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Can't feed our own? BS.
The US doesn't have a food supply problem. You're pointing out a distribution problem
Your price of corn only indicates that we produce a shitload of corn efficiently. More efficiently than mom/pop. Yet there are still farmer's markets every weekend.
Too much? The market, with all the variables of supply, demand, subsidies and costs of doing business (as always) will tell. It can be a hard lesson. So can the weather. Government intervention complicates it, often saving it or fucking it up. Fuck ethanol.
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I am for paying the farmers. Good way to get their vote.
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"So you're saying that we're importing none of the tariff items.
Stop whining. You describe the negative impacts on this side and fail to realize that the same applies to the other side. An intelligent bird would argue durable vs perishable goods."
1. We are being hurt by the counter tariffs the Chinese have slapped on us because of Tramp's tariffs on Chinese goods. We import probably very little soybeans from China. They import a lot more of our soybeans (and pork) which are now being taxed by the Chinese, so less is going to China.
2. I 'm talking about the negative impacts to US farmers (eg soybean and hog farmers) because they are being hurt by Tramp. THE SAME DOES NOT APPLY TO CHINESE FARMERS OR THE CHINESE PEOPLE. That's because the Chinese government can replace our soybeans with South American, Asian, and maybe Canadian soybeans. The US farmer is getting screwed the most right now. Why do you think Tramp offered up the $12 billion?? And why did he chose $12 billion...cause that's probably how much agriculture is or will be losing!!!!
3. An intelligent bird understands what he's arguing about.
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Maybe take your political view to twitter, why post crap like this on a porn board? You think you are going to change people's opinion of President Trump? LOL
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"This huge debt to China, how did we get so far? Status quo."
The debt got so large because the US wants cheap prices for all sorts of goods, so we have the Chinese make it and sell it to us at wholesale prices. The Chinese people didn't have the money to buy everything they wanted from the US and the government limited what could enter China from the US. The difference between the two amounts is a large portion of the Chinese trade surplus. This has been going on for 30 - 40 yrs.
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an den? an den?
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an den?
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I want to see their expressions when they come to the realization that they been Tramped by a con man.
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lol, stop it...
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The tariffs China placed on US imports will increase costs to Chineese consumers. Brazil, nevermind the tiny other soy bean producers, can't replace what the Chineese have imported from the US. Long term - who knows, you? Lets say the Brazillians speculate that this shit will continue & plant a shitload more soy beans. US farmers might take that into consideration, like they do every year, and adjust. NOTHING is fixed, everything gets tweaked every year based on speculation. Someone always gains when someone else loses. I'm not stupid enough (but only just) to claim what's going to happen.
How much tariff has been collected from Chineese imports? How much next year?
Back to that debt - you described part of the status quo. Don't forget to include their intentional currency manipulation to complete the slanted (not intended) table.
It's just a fucked up situation that has been ignored.
The US may benefit (overall, don't cherry pick sectors) or the fucking might get harder. But we've been ignoring that we've been getting screwed.
If you wanted, you could scream about shit other than tarrifs that China could hit us with. Soybeans is today's selected commodity for headlines.
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no tariff on exporting roadrunners to china
I hear they taste just like duck
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Backing up the OP on this one.
Leading economist (who have more money than you and you know it, so shut up) have been saying that the farm assistance is hypocritical and a back hand to the farmer's who voted for the GOP.
It may look like the government is helping, but all the Trump administration is doing is:
1. Demonizing foreign customers, because it's their fault.
2. Breaking down hard won contracts between foreign clients and US producers.
3. Forcing farmer's who can't afford to survive the tariff's to be dependent on US bailouts.
4. Creating a new generation of US funding "dependents"
5. Make the current Administration look like saviors
And here are the big ones
6. Positioning themselves to take over the farm lands of farmer's who weren't able to survive
7. Get that land at a cheap price, and sell it to larger corporate farm industries and/or land developers
8. Get rich from the transaction and from the kick backs for big corporate farms
9. Blame "the other's" (immigrants, other countries, people who oppose the current Admin) for the problems.
For those of you who still aren't getting it and need a refresher, jut look at all of the schemes in the Dukes of Hazzard classic TV show. Boss Hogg trying to take Uncle Jesse's land.
Trump Administation is Boss Hogg and Sheriff Roscoe P. Coltrane, the farmer's who are suffering under the tariff's are Uncle Jesse. People who are raising the red flags are the Duke Cousins, and the hotties here are Daisy Dukes.
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Damn Sher, I always thought to help slow learners understand they just needed to move their lips slower when they read. Now you tellin me we need to get down to the level of Dukes of Hazard. So why not just cut to the chase and post a pic of the "Daisy Dukes" cause that's about as much as some on HX really understand
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Face besides your looks and heart, your hearing s going to sh_t. Better add that to the checklist for the next physical. You're welcome.
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Are you paying attention to Trump's meeting with the EU today? Trump has gotten some concessions from the EU to avoid trade wars, including increasing the increased export of natural gas and soybeans to Europe.
So maybe the Chinese can starve and our soybean farmers can sell to Europe. Or even better, get them both vying for soybeans so the price can go up and the farmers can make even more money.
Yes, the sky is falling.....
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You have to negotiate from a position of strength. We have been a bunch of pussies for decades when it comes to trade. The rest of the world needs us way more than we need them. Yes, we might pay a little more for American made items but we grow jobs in the country and we can be hard nosed on trade. China really needs our soybeans...and anything else that we grow, since they currently cannot grow enough to fee their people. Food versus aluminum and steel is a no brainer....we can get along with less aluminum (drink your beer out of glass for awhile), but they cannot get along without food for very long.....
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jazz51, these Libtards will never understand. They hate America.
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"The rest of the world needs us way more than we need them. Yes, we might pay a little more for American made items but we grow jobs in the country and..."
The rest of the world needs us way more than we need them - so what you're saying is a recression in the US is better than a depression in other places in the world? And how many Americans will lose jobs in a recession?
Yes, we might pay a little more for American made items but we grow jobs in the country - how does the car industry grow jobs if we can't sell cars overseas due to tariffs by foreign countries? See the link.
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China does not need our soy beans, jazz.
Brazil is ready waiting and able to fulfill their needs and the. Some.
We had preferential treatment as we were closer and owed them money.
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What they announce in a press conference and what really happens are two different things.
(Let me refer you to the North Korea press conference, the Putin press conference, the G7 press conference, and the NATO press conference. We will probably get a Tramp "correction" in a day or two...)
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Who the fuck wants soy beans. Anything made out of those things taste like shit.
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Obviously you lazy bastards didn't read my link.....our farmers will probably soon be selling more soybeans to Europe.
Also, Brazil can't increase any further its soybean production unless they decide to start reclaiming more of the Amazon rain forest. All of your global warming folks need to take very close note...any further loss of the rain forest and the world will have some even greater negative consequences, i.e. lack of oxygen production from carbon dioxide.
And Brazil has an ever growing domestic demand, so will probably not be able to meet the huge increase demanded by China.
Trump sees the production numbers and if you read up lots about this, you will see China can't immediately depend upon South American output. Maybe in a year or so if South American has increased plantings....but in the mean time, the Chinese have less for their people and even further less for their pigs.
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Did Trump tell Costco to stop selling that Polish Dog? If he did then he can fuck right off.
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Sam's Club is now selling the Polish Dogs....and you can actually buy those same dogs in bulk at Costco.
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If we weren’t in a trade war with the Eu they would take them, but they have also positioned themselves to let uS soy beans rot here, and continue to but from the Brazikians.
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Socaliam says:
This huge debt to China, how did we get so far? Status quo.
Trump is attempting to help that.
Uh no. Trump just added more than 2 trillion dollars to the debt with a gigantic tax cut for the rich.
You might have noticed the extra 42 cents in your paycheck each week this year. That was your share of the cut.
All of the $2 trillion will be borrowed from China and we will pay them interest each year with our tax dollars. And interest rates are going up, so the bill will be that much higher.
The extra 12 billion in welfare costs to farmers is on top of that. This money is to offset the loss of the Chinese market since China can buy from South America, Europe, and just grow more food.
So, just as with Reagan, Bush, Bush II, now Trump. Behold the massive deficits.
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Famers Almanac calls for rain in Lawndale.
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