Current Events > Soyboys struggle to make ends meet under the weight of Trump's trade war.

Topic List
Page List: 1
Ozai_Was_Right
11/21/18 11:55:09 AM
#1:


https://www.nytimes.com/subscription/multiproduct/lp8KQBN.html?mktgrfr=gw_mob&campaignId=7QLQK.
American farmers are struggling to find storage for crops that would usually be sold overseas, with some being forced to leave produce rotting in fields as a last resort, as the trade conflict between the US and China continues.
Farmers in some US states are being forced into plowing their crops under - effectively burying them under soil in fields - as there is not enough room to store them in storage facilities, and they are unable to sell their products thanks to Chinese tariffs, Reuters reported on Wednesday.
All grain depots and silos are almost full, meaning farmers have to find their own storage solutions or allow their crops to rot. Neither option is particularly palatable.
The problem is most acute for soybean farmers. China is the largest importer of soybeans in the world, but since the start of the trade war it has slapped US soybeans with a 25% tariff and turned to Brazil in an attempt to meet domestic demand.
Chinese purchases generally make up about 60% of all US soybean exports, but those exports have practically stopped since the tariffs were introduced.


I wonder if another bribe is incoming.
---
... Copied to Clipboard!
Axiom
11/21/18 11:57:35 AM
#2:


Farmers were already struggling and Trump makes it worse. His love for the little guy is on full display
... Copied to Clipboard!
Topic List
Page List: 1