onecaliberal on Nostr: Trump tariffs are a disaster for Americans. The $28 billion Trump authorized to pay ...
Trump tariffs are a disaster for Americans.
The $28 billion Trump authorized to pay farmers as a result of miscalculating other countries would retaliate against its trade actions, costing farmers billions of dollars in lost sales, is a lot, even by the standards of the federal government."
Ag exports to China were $24 billion in 2014 and fell to $9.1 billion last year. In 2018, U.S. farmers’ soybean exports to China declined by 75%, according to the U.S. International Trade Commission.
The $28 billion Trump authorized to pay farmers as a result of miscalculating other countries would retaliate against its trade actions, costing farmers billions of dollars in lost sales, is a lot, even by the standards of the federal government."
Ag exports to China were $24 billion in 2014 and fell to $9.1 billion last year. In 2018, U.S. farmers’ soybean exports to China declined by 75%, according to the U.S. International Trade Commission.