Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Clowns the left of him, jokers to the right...here's Trump, stuck in the middle with his Trade War.
Farmers and business groups warn trade war with China will wreck Trump country: ‘This has to stop’
https://www.rawstory.com/2018/04/farmers-business-groups-warn-trade-war-china-will-wreck-trump-country-stop/
“Farmers and ranchers are, by necessity, patient and optimistic. We know markets ebb and flow, ” said American Farm Bureau Federation President Zippy Duvall. “But China’s threatened retaliation against last night’s U.S. tariff proposal is testing both the patience and optimism of families who are facing the worst agricultural economy in 16 years. This has to stop.”
“The last thing the administration should be doing is starting a trade war on the backs of American farmers,” said Minnesota Soybean Growers President Michael Petefish.
“We have already seen soybean futures down nearly 40 cents as of this morning,” says Minnesota Soybean CEO Tom Slunecka. “That’s more than a billion dollars lost in value for our crop just this morning.
***
“Business Roundtable agrees with the Administration’s concerns regarding China’s unfair trade practices, including theft of intellectual property, restrictions on foreign investment, and policies that foster unfair competition,” the association of CEO’s said. “But unilaterally imposing $50 billion of new tariffs without a long-term strategy that leads to economic reforms in China will only hurt America’s businesses, workers, and families.”
https://www.rawstory.com/2018/04/farmers-business-groups-warn-trade-war-china-will-wreck-trump-country-stop/
“Farmers and ranchers are, by necessity, patient and optimistic. We know markets ebb and flow, ” said American Farm Bureau Federation President Zippy Duvall. “But China’s threatened retaliation against last night’s U.S. tariff proposal is testing both the patience and optimism of families who are facing the worst agricultural economy in 16 years. This has to stop.”
“The last thing the administration should be doing is starting a trade war on the backs of American farmers,” said Minnesota Soybean Growers President Michael Petefish.
“We have already seen soybean futures down nearly 40 cents as of this morning,” says Minnesota Soybean CEO Tom Slunecka. “That’s more than a billion dollars lost in value for our crop just this morning.
***
“Business Roundtable agrees with the Administration’s concerns regarding China’s unfair trade practices, including theft of intellectual property, restrictions on foreign investment, and policies that foster unfair competition,” the association of CEO’s said. “But unilaterally imposing $50 billion of new tariffs without a long-term strategy that leads to economic reforms in China will only hurt America’s businesses, workers, and families.”
1 replies
= new reply since forum marked as read
= new reply since forum marked as read
