The current Trade War with China has increasingly added stress to the farmers across America to the point where some are shutting down. Those who previously voted for him are realizing that the crippling effects of a lack of trade agreement with China represent a clear sign that there is a possible economic Tsunami ahead. Who will suffer? America's farmers along with the American consumer at the store purchasing goods which range from clothing to appliances. This is an uncertain time under which the last perception America needs is to have a President who does not possess the skills to solve the problem at hand.
Below are different interviews (excerpts) of various government officials (Senators, Trump administration officials) along with real farmers on the Trade War with China:
The first video has two sections of interest for those interested in the damage and perspectives on the Trade War with China. First is the interview in the first 1 minute of the video below, where a Trump official admits that the American people will pay higher prices for goods as a result of the lack of trade agreement with China. Secondly, a farmer is interviewed and expresses outrage that other farmers are not joining him in opposition to the damage done by the Trump administration to farming through the Trade War with China:
Wow!
In the next video, the popular show 'Morning Joe' hosts interviews with Economist Steve Rattner and others about the direct harm to farmers along with the average American that the current Trade War with China is emerging:
I want to point out that these farming families are indeed 'generational farmers'. Which means that the farm has been in the family for generations. What would happen if the farm is lost due to a trading strategy that does not exist in Washington D.C. at the White House?
As the stock market took a fall of 618 points, President Trump speaks to audiences in Washington D.C. at the White House about how great America is position in the current trade negotiations. Tariffs simply affect the American consumer. Why? Because America is importing goods that now cost more. Where does that extra money come from? The American consumer since the extra cost to get goods into the U.S. is passed onto the consumer -- as noted in the following excerpt from 'Morning Joe':
Despite President Trump's great remarks about how wonderfully the trade talks are going, the real losses are set to take place on the consumption side of the economy. The growing unease among Republicans with the lack of Trade plan from the current administration is evident. These Congressional leaders have to answer to their constituents. Many of whom are farmers who are bearing a tremendous amount of the blowback from the Trade War with China.
In the following video from CNN, a farmer is interviewed and asked about his changing opinions regarding the success of President Trump and his negotiation skills with the Trade War:
Not surprisingly, event a farmer from Ohio is tired of hearing President Trump use the phrase "Patriot" and is led to believe that the use equates to 'keep your mouth shut' about the failure of negotiations in a trade deal. This is sad that our President is using a phrase which is reserved for those who serve our country during difficult times along with those whose service is largely unnoticed - on a day to day basis. Service to our country is not keeping your mouth shut when there is blatant abuse stemming from 1600 Pennsylvania Avenue (White House).
As was pointed out, the popular opinion that the President and his administration does not have any trading strategy. Their only strategy is to bully the Chinese into 'caving in' -- which as we know is not very likely. China will play the long game. Remember China owns a significant amount of the U.S. debt -- which means we owe them. In the coming months, a solution needs to be arrived at. Escalating a Trade War with China only amounts to the U.S. taxpayer paying a greater amount (more money) for goods which were previously sold at a cheaper price in stores before President Trump decided to get us into this trade mess. Hopefully, someone is Washington D.C. has a plan worth implementing and has the political will to get through to the President to talk reason into the current situation. Stay tuned!
Related Blog Posts:
Former FDA Director Asked Congress For Clarity Regarding CBD in Food Products
Soybean Farmers Are Storing Too Much Soybean, Although Chemical Industry Is Greenlighting Trade Deals?
How many cows are needed to generate 50,000 tons of beef exports?
Trade War Hurts Farmers -- From The Farmer's Mouth Directly
"Trade Not Aid" -- The Answer For Trade War!
Parameters: Tariffs Affect Trade In Both Directions -- In And Out Of The USA
Parameters: Steel And Aluminum Tariffs Are Not Isolated - They Are Tied To Trading Of Other Vital Goods
As the stock market took a fall of 618 points, President Trump speaks to audiences in Washington D.C. at the White House about how great America is position in the current trade negotiations. Tariffs simply affect the American consumer. Why? Because America is importing goods that now cost more. Where does that extra money come from? The American consumer since the extra cost to get goods into the U.S. is passed onto the consumer -- as noted in the following excerpt from 'Morning Joe':
Despite President Trump's great remarks about how wonderfully the trade talks are going, the real losses are set to take place on the consumption side of the economy. The growing unease among Republicans with the lack of Trade plan from the current administration is evident. These Congressional leaders have to answer to their constituents. Many of whom are farmers who are bearing a tremendous amount of the blowback from the Trade War with China.
In the following video from CNN, a farmer is interviewed and asked about his changing opinions regarding the success of President Trump and his negotiation skills with the Trade War:
Not surprisingly, event a farmer from Ohio is tired of hearing President Trump use the phrase "Patriot" and is led to believe that the use equates to 'keep your mouth shut' about the failure of negotiations in a trade deal. This is sad that our President is using a phrase which is reserved for those who serve our country during difficult times along with those whose service is largely unnoticed - on a day to day basis. Service to our country is not keeping your mouth shut when there is blatant abuse stemming from 1600 Pennsylvania Avenue (White House).
As was pointed out, the popular opinion that the President and his administration does not have any trading strategy. Their only strategy is to bully the Chinese into 'caving in' -- which as we know is not very likely. China will play the long game. Remember China owns a significant amount of the U.S. debt -- which means we owe them. In the coming months, a solution needs to be arrived at. Escalating a Trade War with China only amounts to the U.S. taxpayer paying a greater amount (more money) for goods which were previously sold at a cheaper price in stores before President Trump decided to get us into this trade mess. Hopefully, someone is Washington D.C. has a plan worth implementing and has the political will to get through to the President to talk reason into the current situation. Stay tuned!
Related Blog Posts:
Former FDA Director Asked Congress For Clarity Regarding CBD in Food Products
Soybean Farmers Are Storing Too Much Soybean, Although Chemical Industry Is Greenlighting Trade Deals?
How many cows are needed to generate 50,000 tons of beef exports?
Trade War Hurts Farmers -- From The Farmer's Mouth Directly
"Trade Not Aid" -- The Answer For Trade War!
Parameters: Tariffs Affect Trade In Both Directions -- In And Out Of The USA
Parameters: Steel And Aluminum Tariffs Are Not Isolated - They Are Tied To Trading Of Other Vital Goods
No comments:
Post a Comment