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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsPerdue says US farmers will regain markets lost in trade war
U.S. Agriculture Secretary Sonny Perdue told nervous Midwestern farmers on Wednesday that hes confident that theyll eventually regain the markets theyve lost in the Trump administrations trade war with China.
Perdue appeared at Farmfest, an annual trade show near the Minnesota town of Redwood Falls, during a listening session moderated by U.S. House Agriculture Committee Chairman Collin Peterson, a Democrat who represents the area. The discussion started with pleasant talk about bipartisan cooperation and agreement on the need for Congress to approve a renegotiated trade pact with Mexico and Canada, the U.S.-Mexico-Canada Agreement.
Then Gary Wertish, president of the liberal-leaning Minnesota Farmers Union, whose family farms near Renville, raised what he called the elephant in the room, criticizing President Donald Trump for his go it alone approach on China. He pointed to Chinas announcement Monday that it was halting purchases of U.S. farm products in response to Trumps threat last week of more tariffs on Chinese imports.
This is causing long-term, devastating damage to not only farmers, but rural communities, Wertish said. He added that farmers greatly appreciate the administrations aid program for farmers hurt by the trade war but said the bailout payments will cause farmers long-term political damage. The taxpayer is not going to stand for this.
Read more: https://www.reviewjournal.com/news/politics-and-government/perdue-says-us-farmers-will-regain-markets-lost-in-trade-war-1821252/
dem4decades
(11,316 posts)Trump threw you an anchor would you grab hold of it? Trump and Purdue said it will help.
muntrv
(14,505 posts)pecosbob
(7,547 posts)Maybe Trump's super-duper new Space Force could colonize Mars and we could sell to them (us)!
Hortensis
(58,785 posts)tblue37
(65,507 posts)some rural Trump voters to wake up.
Iliyah
(25,111 posts)The Velveteen Ocelot
(115,943 posts)Farmers operate on a very thin margin, and for some of them, serious losses in one year can be enough to push them into bankruptcy.
Doreen
(11,686 posts)Wellstone ruled
(34,661 posts)And yes,the payback effect by the Taxpayers is going to be brutal when the real Farm Crisis hits next year.
Wertish gave us a true assessment of what is to come. And this time my guess is,those whom tried to prevent the Farm Foreclosures and those who disrupted Sheriff Auctions,well good luck if that will happen again.
DURHAM D
(32,617 posts)farmers don't have time to "eventually regain". They are one crop away from disaster.