QP!
Verified User
As Xi makes Trump his literal bitch, it is the Trump supporters (this time farmers) who pay the biggest price while Trump tucks tail and tries to pretend he won something when all he did was cave... again.
Below is a chart that shows how Trumps first and now second tariff wars are crushing US farmers as China buys more Soya beans that all other country combined and after his first trade war you can see how much business was lost permanently to Brazil and now in this second one things look much worse, with little belief things will rebound back.
At the beginning of his trade war Trump started with bluster thinking China would need the soya beans so much they would break.
As Trump realized China gave zero fucks about his bluster and was not about to break Trump switched to another tact. Whining and throwing welfare at the farmers while blaming Biden.
Trump then stoops to even more deep whining as if his use of tariffs has not caused difficulty for the countries he has targeted and is not seen by them as a US hostile act. He is saying this "Economically hostile act" by China will require "Retribution".
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Below is a chart that shows how Trumps first and now second tariff wars are crushing US farmers as China buys more Soya beans that all other country combined and after his first trade war you can see how much business was lost permanently to Brazil and now in this second one things look much worse, with little belief things will rebound back.
At the beginning of his trade war Trump started with bluster thinking China would need the soya beans so much they would break.
As Trump realized China gave zero fucks about his bluster and was not about to break Trump switched to another tact. Whining and throwing welfare at the farmers while blaming Biden.
Trump then stoops to even more deep whining as if his use of tariffs has not caused difficulty for the countries he has targeted and is not seen by them as a US hostile act. He is saying this "Economically hostile act" by China will require "Retribution".
Trump lowers tariffs on China and announces end to 'rare earths roadblock' after Xi meeting
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- Trump says the meeting was a 12 out of 10 - Beijing says the results were "hard-won"
- The US will cut the "fentanyl tariff" on Chinese goods entering the US from 20% to 10%, Trump says
- In return, China will start "the purchase of massive amounts of soybeans" and other farm products, according to the US president
- China says they will make it easier for the US to buy rare earths - we explain what they are here
- In return, China says, the US will suspend an expansion of export controls on foreign firms listed on the Entity List, which had hit Chinese companies
- Trump says a US-China trade deal could be signed "pretty soon" - but there is no ink on paper, and that is the crucial part right now,
