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Thread: U.S. farmers cheered by apparent trade truce, China goes for $50 Billion

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    Default U.S. farmers cheered by apparent trade truce, China goes for $50 Billion



    https://www.reuters.com/article/us-u...-idUSKBN1WQ2SJ

    U.S. farmers cheered the Trump administration’s announcement of a potentially dramatic increase in U.S. agricultural sales to China on Friday but warned they needed to see a follow-through of actual purchases.

    Treasury Secretary Steven Mnuchin said the agricultural purchases could scale up to $40 billion-$50 billion annually as part of a partial trade deal, potentially more than doubling the $24 billion in agricultural and related products China purchased from the United States in 2017.

    Farmers, who relied on China as the top buyer for U.S. soybeans and sorghum and a key market for pork and dairy, have seen their incomes plummet during the 15-month conflict of tit-for-tat tariffs between the world’s two largest economies.

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    What do the democrats think of this preliminary result? How are you guys going to spin this into a negative? What would you guys do if Trump endorsed oxygen?

    The farmers stand with Trump - Another campaign promise fulfilled.

    America IS BACK IN BUSINESS! Much to the horror of the democrats.

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    It is not true. Trump lied like always. They agreed to discuss it. There is no trade deal. Trump really needs one since everything he touches dies.

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    Cinnabar (10-19-2019)

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    Quote Originally Posted by Gonzomin View Post
    It is not true. Trump lied like always. They agreed to discuss it. There is no trade deal. Trump really needs one since everything he touches dies.
    Trump is in need of some serious distractions from the impeachment investigations and his treacherous Turkey/Kurd debacle. He will pull whatever he has to out of fat ass in order to distract and deflect.

    Bloomberg reports that China wants another round of talks before even thinking about signing “phase one” of the trade deal, according to people familiar with the matter. Despite Trump’s all-caps claim on Sunday that “CHINA HAS ALREADY BEGUN AGRICULTURAL PURCHASES FROM OUR GREAT PATRIOT FARMERS & RANCHERS!,” Beijing’s state-run media said only that the two sides had “agreed to make joint efforts toward eventually reaching an agreement.”

    Of course, this is far from the first time Trump has lied through his caps when it comes to a trade deal. Back in December 2018, he boasted to reporters that he’d struck an “incredible” trade deal with Chinese President Xi Jinping that blew up in his face a mere 24 hours later. In August, a breakthrough call with China turned out to actually have never happened. So you can kind of see how there might be some distrust there.

    https://www.vanityfair.com/news/2019...phase-one-deal
    BLUEXIT
    A Modest Proposal For Separating Blue States From Red

    Dear Red-State Trump Voter,
    Let’s face it, guys: We’re done.


    It is a tragedy that so much of the work that so many men and women toiled at for so long to make this a better country, and a better world, has been thrown away, leaving us all in such needless peril.

    This is why our separation in all but name is necessary.


    https://newrepublic.com/article/1409...mp-red-america

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