Trump's Trade War Backfires And Sends His Supporters Toward Bankruptcy

[applegrove]

https://www.politicususa.com/2018/06/24/trumps-trade-war-supporters-bankruptcy.html

"SNIP........

Chuck Todd said on Meet The Press:

The escalating trade war President Trump has started between the United States and, well, everybody, hasn’t had a direct impact on the lives of most Americans yet. But the one place where people are starting to already feel the pain, the agricultural Midwest. Farmers who grow crops like wheat and corn or who produce pork. And guess what? They’re getting hit hard. And when the U.S. hit China with tariffs, China knew exactly where to hit back. For instance, soybeans.

China is the number-one soybean importer in the world. And they announced retaliatory tariffs on U.S. soybeans in April. Previously China got 40% of its soy from the United States. In 2017, 57% of all U.S. soybean exports went to China.

So what’s happened? Soybean prices have already fallen 15% since China announced the tariff, more than a two-year low. And in Iowa, for example, the Des Moines Register estimates the new tariffs could cost soybean farmers in the state $624 million. And the political consequences could be significant for the president’s party, especially going into the midterms this November.

These are the top ten soy producing states in the United States. Eight of them voted for Donald Trump in 2016. And guess what? He came really close in one more, Minnesota. And within those states, a whopping 95% of the soy-producing counties voted for Donald Trump. In other words, the repercussions of President Trump’s trade policies are hurting the very people who supported him the most.

............SNIP"

[Iliyah]

1. This will

trickle down to the Middle Class and the poor something terrible. We are already feeling it.

[RockRaven]

2. I'm not glad that Trump voters are going to get hurt

but I do hope that getting hurt opens their eyes to what they've done to our country, and the world. I shan't hold my breath though.

[Trek4Truth]

9. Not glad but it's necessary. This is what they voted for it's what they wanted. nt

[sunonmars]

12. lessons need to be taught....

[pstokely]

25. they won't learn any lessons

Last edited Mon Jun 25, 2018, 03:46 AM - Edit history (1)

the cult of deplorables will blame who their told to blame without question

[Meadowoak]

32. They will just blame the Democrats.

[Thekaspervote]

28. Agree completely!

[unblock]

3. naturally this will anger donnie and lead him to blame china and double down on more tariffs.

[Lucky Luciano]

14. He'll blame Obama.

“If Obama wasn’t such a weak negotiator, I never would have had to do this, but it went so far under his weak leadership that there was no alternative.”....or some such bullshit.

[unblock]

16. And pelosi and Hillary. Regardless, he'll just amp up the trade war.

[Freethinker65]

4. And corporate agribusiness will swoop in to buy the resources at reduced cost

And they will lease the resources back to the farmers once Trump "solves" the crises he has created. Most of the profit will have been skimmed off by the corporations. Consolidation of wealth and resources to the top has been the plan all along. These farmers were warned.

[Wellstone ruled]

17. Where to start on this subject. You are right on track.

As someone who has had many a year of contact with Rural Areas in the Mid West,yes Agri-Business Giants have been keeping tons of money available to snap up quality Farm land in a moments notice. Here is a trend I am aware of,a operator suddenly is Cash Strapped do to some on foreseen event,well,one of these Giants will buy part of or all of the Operators operation and hire him back as a Manager for Wages and a Bonus based on net Cash operations Sales and Value.

Let's realize first,the average age of today's so called Farmers is at or above 57. And you can see what is ahead and don't thing for a minute Con-Agra,Monsanto,Titan Finance or John Deere is licking their collective chops as to where they are going to put their money.

Oh BTW,most of the Labor for these mega operations comes from South of the Border. When you are running a mixed Farming operation,you might be employing up to 400 workers. Am using that number as a reference to a fellow we know to be doing this size of a Operation. Have to say,I know he has one of those Giants holding a ton of his Paper.

[gratuitous]

5. Guess what? Guess what?

Do you think you're revealing some dark secret that millions of Americans don't already know, chucktodd? We've been watching the hapless antics of the Trump administration since this buffoon was sworn in, and we've seen how ruinous his policies have been for his most fervent supporters.

You get paid a lot of money to be so clueless, chucktodd.

[eleny]

6. People like Trump hate and probably fear everyone

He might think his supporters are a bunch of dumbasses for falling for his shtick. There aren't winners and losers.

There's only one possible killer winner and that's him. Leaving everyone else to be dead losers.

[lunasun]

7. Maybe that is why he had that rally in MN. He was very close and wants to rally up the base before

they figure out the total bad news so he doesn't lose the numbers he needs there.

[Yavin4]

8. Dear Chuck Todd, Trump's supporters do not care.

Media people like Chuck just cannot admit the obvious. Trump's supporters are racist, and they love Trump because he's just as racist as they are.

[brush]

10. This is why you don't vote for a dummy who doesn't know what...

the hell his hissy fit tariffs do to the economy...as if China is just going not do anything in retaliation to his tariffs, or Canada or Europe or Mexico.

[VMA131Marine]

11. He could kill their businesses from Pennsylvania Avenue

And he won't lose any of their support.....

[Blue_true]

13. Fuck them and the white horse they road in on. nt

[Downtown Hound]

15. I'm not happy anybody is going to be hurt by Chump

But the bottom line, is, if these idiots never face the pain of their irresponsible choices they will never change. They don't care what happens to others, only themselves. So if that's what it takes to stop them from hurting others, then suck it up snowflakes. Just remember we didn't want this to happen and if you had listened to us, it wouldn't be.

[torius]

27. I think they don't even care what happens to themselves

they're the people who grinned themselves to death.

[Cosmocat]

33. Yep

Fundamental feature for conservatives. They could give a s*** less and less it's a punch in their gut. However, little ball around to get help for themselves, and that will be the extent of their Awakening.

[keithbvadu2]

18. They can take the jobs opened up by the immigrants who left.

[WhiteTara]

19. womp womp for them

but we're all going to get killed financially.

[Crunchy Frog]

20. Good.

[Hekate]

21. He told people what he is. He told people what he planned to do? What part of that ...

...did they not understand? Or did all that juicy racism just override every single brain cell?

Farmers understand soybean sales and tarrifs. Farmers understand where their workers actually come from. They are not normally stupid about these things.

What did they THINK would happen under Trump?

[applegrove]

22. Some simply felt anxiety about a changing world. Instead of appealing to

hope and change like Obama did, and some Trump voters voted for Obama, Trump appealed to their lizard brains. If they come back to democrats they will see what we all think of deplorables. That is punishment too.

[JI7]

23. maybe seeing brown kids suffer will make them feel better

[roamer65]

24. Let them go bankrupt.

[lame54]

26. Not an accident...

China knew just where to drop their bombs

[John Fante]

29. Big price to pay to see their racist fantasies come true.

Stupid despicable fucks.

[AlexSFCA]

30. why cant media understand that trump is not about economy

his supporters will support him as long as he continue white supremacy agenda; it is the only thing that matters to them even though many won’t admit it. Looks at the bible belt states - Alabama, Missisippi, Arkansas, etc. - voting is never about economy for those.

[stopbush]

31. Exactly. These BuyBull thumpers are told every Sunday from the pulpit

that their reward is in heaven, and that they are here on Earth to suffer in the name of the lord until that time, to fight against the evil libruls, etc.

Suffering because tRump is pResident is a badge of honor for them.