nat4900
Diamond Member
- Mar 3, 2015
- 42,021
- 5,965
- 1,870
- Banned
- #1
Trump cultist or not, any right wing business entrepreneur must sometime think beyond the catastrophe that is the Trump administration......eventually (sooner or later....hopefully, sooner) this clown will be gone from the oval office, and the repercussions of his ill-advised policies may linger way beyond his tenure.
Take for example the tariffs that China is imposing on our corn and soy bean exports to that country as retaliation to Trump's tariffs on China's exports.
The U.S. is NOT the only growers of these commodities.........Brazil, Argentina, Mexico and Canada are ALSO huge growers of corn and soy beans.......How long will it take for these countries to offer China a much better deal on these commodities???
And even more important, once these countries have established active trade with China, what would make China return to wanting U.S. trade on such commodities?
No doubt China has abused trade agreements with us.....mostly because of China's HUGE power to demand compliance to her own needs.......BUT, one of the unheralded advantage had we signed on to the TPP, was to break the strangle hold on China's self-serving demands.
Bottom line is this.........Trump has actually lost for the U.S. the first round of this looming trade war with China.......leaving open a substantial opportunity for other countries to satisfy China's needs for imports, leaving us out of the picture for decades to come as warehouses fill up with home-grown goods that no one will want.
Take for example the tariffs that China is imposing on our corn and soy bean exports to that country as retaliation to Trump's tariffs on China's exports.
The U.S. is NOT the only growers of these commodities.........Brazil, Argentina, Mexico and Canada are ALSO huge growers of corn and soy beans.......How long will it take for these countries to offer China a much better deal on these commodities???
And even more important, once these countries have established active trade with China, what would make China return to wanting U.S. trade on such commodities?
No doubt China has abused trade agreements with us.....mostly because of China's HUGE power to demand compliance to her own needs.......BUT, one of the unheralded advantage had we signed on to the TPP, was to break the strangle hold on China's self-serving demands.
Bottom line is this.........Trump has actually lost for the U.S. the first round of this looming trade war with China.......leaving open a substantial opportunity for other countries to satisfy China's needs for imports, leaving us out of the picture for decades to come as warehouses fill up with home-grown goods that no one will want.
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