Farmers suffer 'body blow'/China halts purchase of U.S. Farm Products

[Botany]

U.S. farmers suffer 'body blow' as China slams door on farm purchases

China may also impose additional tariffs on U.S. farm products, the Ministry said, raising the barrier to future trade that further targets rural states that supported U.S. President Donald Trump in the 2016 election.

Trump said on Thursday that Beijing had not fulfilled a promise to buy large volumes of U.S. farm products and vowed to impose new tariffs on around $300 billion of Chinese goods, abruptly dimming prospects of a trade deal.

China on Monday also let the yuan weaken past the key 7-per-dollar level for the first time in more than a decade. The United States responded by designating China a currency manipulator.

American Farm Bureau Federation President Zippy Duvall called the announcement from China “a body blow to thousands of farmers and ranchers who are already struggling to get by.”

https://www.reuters.com/article/us-usa-trade-china-agriculture/u-s-farmers-suffer-body-blow-as-china-slams-door-on-farm-purchases-idUSKCN1UV0XJ

[Aristus]

1. But what the hell, farmers; Trump pisses off the libtards, amirite?

[SHRED]

4. Yup

[stopbush]

6. It's their Christian sense of victimhood and entitlement that keeps them

supporting tRump, even as they lose their livelihoods.

[DBoon]

13. and listening to AM Talk Radio all day

nt

[underpants]

2. Yikes

I have to note that you don’t hear of many people these days named Zippy.

[Botany]

5. My hero

[EarnestPutz]

8. Looked him up. Georgia farmer with 750,000 chickens. No doubt all raised humanely.

[underpants]

9. I actually looked him up too

His bio states that he grows his own hay.

[pwb]

3. Trump said its easy to win trade wars. wrong again.

.

[roamer65]

7. We should remove all agricultural subsidies as well.

No more corporate welfare.

[moondust]

10. And the U.S. ambassador to China is...

wait for it.........

the former governor of IOWA - Terry Branstad!!! I think the Dumpster picked him because he had pursued a brisk soybean relationship with China in years past including at least one visit to the state by Xi.

(Terry is probably hiding under the bed now.)

[Kablooie]

11. Don't worry. Trump is a master negotiator.

What's a little pain now compared to the wonderful profits you will get in the future?
You just have to wait a little bit longer and your grandchildren will be rich!

[Botany]

12. Not to worry the floods because of climate change will cause the unsold grain to swell ...

... and "explode" the grain silos.

[UpInArms]

14. Thus, destroying all the hard work that was done

Missouri reaches $4.4 billion trade agreement with China

OCT 24, 2011

Missouri will sell around $4.4 billion worth of agricultural products to China, in a trade agreement announced today by Governor Jay Nixon (D).

Speaking to reporters via conference call from Beijing, Nixon said exports from Missouri will increase by more than a billion dollars between 2012 and 2014.

“Increasing our exports is a critical means of creating Missouri jobs and growing our economy at home," Nixon said. "This agreement is another important step in that direction.”

Nixon also says the recent failure of Missouri lawmakers to pass air cargo hub tax credits did not jeopardize the new trade agreement.

“We are always looking for more alternative ways to export Missouri products, (and it) would’ve been nice to have that additional avenue," Nixon said. "The topic came up a couple of times only, but not as the centerpiece of any of the agreements we were involved with.”

[jpak]

15. Billions more in Vote-buying Farm State Socialism in 3...2...1..

Yup

[Wellstone ruled]

16. Well well,

Sonny Purdue is to be giving a spiel at Farm Fest in Morton Minnesota today. Right in the Heart of Red Ass Minnesota. My guess is he will roll out the new bail out,I mean Vote Buying Funds for all those Corn and Bean farmers.

Collin Peterson (D) will give his first ever in years,Town Hall tomorrow at the same venue.

The Cash cropper who does not run at least 3-4 thousand acres is being forced out by the Hedgefund backed mega farms.

[Turbineguy]

17. Those who voted for trump should be happy.

They got what they voted for.