Threats of retaliatory tariffs prompted by Trump have cost Iowa pork industry $560M: report

[Americanno]

Source: The Hill

Concerns over retaliatory tariffs from Mexico have cost Iowa pork producers roughly $560 million, the Des Moines Register reported Friday.

According to the newspaper, Iowa pork producers could take another hit if Mexico follows through on its threat to impose a 20 percent tariff on hams and pork shoulders from the U.S.

Producers in the state already face a 25 percent tariff on pork exports to China. But duties from Mexico - the largest export market for American pork by volume - could put further strain on producers.

Iowa is the largest pork producer in the U.S., according to Gregg Hora, the president of the Iowa Pork Producers Association. Hora told the Register that the threatened tariffs are "potentially devastating news for Iowa's pig farmers and the rural Iowa economy."

Read more: http://thehill.com/policy/finance/390412-threats-of-retaliatory-tariffs-prompted-by-trump-have-cost-iowa-pork-industry

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Trump won Iowa's top pork producing county (Sioux) with over 80%. I hope they're having fun.

[OnDoutside]

1. Grassley must be having a fun time at home this weekend....

[Submariner]

8. He will blame this on Hillary's emails

or her acid washed server hard drive and all the Trumpsters will probably understand and be okay with it. "Let's see what happens".

[OnDoutside]

9. That might work when it doesn't affect them personally, but less cash in farmers pockets will

sort that. Especially if Dems can get their messaging right on this.

[47of74]

30. They'll figure there's much less cash in the pockets of

Too many Iowans are so petty that they'd figure it's some sort of grand sacrifice to have to eat the consequences, and at least the <racial/ethnic/religious/sexual/etc> are getting hurt a lot worse than they are. Along with non-worthy whites.

Especially in Steve King's district, but really all over Iowa. I should know. I've been living in Iowa for damn well near 43 years now.

[Solly Mack]

2. But, but...he promised.

[BeyondGeography]

3. Trump won Iowa by almost 10 points

Many of these folks were apparently convinced things couldn’t get any worse. Sorry, boys.

[JI7]

4. they voted for it so no sympathy from me

[47of74]

6. Exactly

They wanted this so they can kiss my ass now.

[denvine]

28. My thoughts exactly!

Hate to sound petty but if someone voted for him, they deserve the consequences because we sure have paid for their idiotic choice. No sympathy indeed!

[47of74]

5. I have little sympathy for fellow Iowans who voted for him

They allowed their hatred of women, LGBTQ, non Christians, non whites, etc to override any common sense they had and voted for the Orange Fornicate.

They made their bed. Well time to lie in the damn thing.

[RKP5637]

15. They voted a narcissistic sociopath into office who does not give a damn about them.

Just how can I make ME ME ME richer and the hell with everyone else. They're putting this country through hell for their stupidity and willful ignorance.

[atreides1]

16. BINGO

+1,000,000,000,000,000

You hit the nail on the head...

[Beartracks]

7. MAGA my ass. I hate to call people stupid, but geez, Iowa.

You voted for this ignorant, vengeful buffoon, and the Republican party still supports him and covers for him. Not sure how you didn't see through his con, but you seem to have thought he couldn't be "that bad." Well... Enjoy your pork futures. And: maybe don't believe everything you hear from FOX next time around, eh?

=========

[RKP5637]

17. People didn't get it. MAGA meant "Make America God Awful!" n/t

[duforsure]

10. Its not just Iowa,

Every state will be impacted from his tariffs, and with other policy changes he's done, it'll destroy our economy, and there is already signs of it happening. You can't take a trillion out of the budget for Medicaid, or a half of trillion out of Medicare without hurting people, lots of people. He's gone mad, and needs to be removed before its much worse. Both houses of Congress are needed to stop this in Nov. or we are going to lose our Democracy. Vote them all out, if we still can.

[Demit]

11. "Most producers should be able to withstand the hit, with strong profits since 2014.

"They're going into this with really strong balance sheets," Hayes said.

Even though the trade disruption hurts Iowa farmers, it will help consumers with increased pork supplies.

"If these duties go in place, this would be a great time to fill up your freezer with hams," he said."


—from the Des Moines Register link in the story. That's how they'll spin it: good for consumers. Also that the farmers won't really feel it.

[NickB79]

24. Withstand it indefinitely?

Lol, the dumb fucks think Canada and Mexico will cave after a year or what?

[Demit]

26. More likely they think the tariffs will be lifted.

[winstars]

12. Great! THEY CAN CLING TO THEIR GUNS, RELIGION AND NOW...... PORK

[dhol82]

13. So much WINNING!

[Achilleaze]

14. republicans pissing on America's farmers

[Beartracks]

31. The true impact of "trickle down economics"

[Vinca]

18. MAGA! MAGA! MAGA!

No tears from me. Chances are they'd vote for the orange con artist again.

[heaven05]

19. oh well

how many of those getting slammed voted for this idiot-in-chief?

[NCjack]

20. Looks like "Trump soup" (corn and ham) is making a comeback

in Iowa. Bon appétit.

[dalton99a]

21. More bacon for Americans to eat

and lots and lots of ham.

Awesome!

[logosoco]

22. So we get to eat cheap bacon while the country fall apart. Is that great?NT

[dembotoz]

29. cheap eats at the bbq at the farm auctions

[hatrack]

23. Suck it up, you Ernst-supporting, King-voting assholes

Trade wars are easy to win - and fun too - as you're about to find out personally.

[workinclasszero]

25. But...but...

[slumcamper]

27. 6-time IA GOP Governor T. Branstad

must be having fun as ambassador to China!

[Coventina]

32. Gross. Now there will be more bacon in EVERYTHING!

Going out to eat as a vegetarian has become more and more of a headache lately.

I have to question almost every dish I order because bacon seems to be added to everything lately.

On the bright side: glad to see these polluters and torturers feeling some pain.

[cntrfthrs]

33. fug em...

they voted for trump...