the other mike
Diamond Member
Even as the White House heralds progress, President Donald Trump's trade war continues to harm American industry. Last week, China promised to buy more soybeans, an olive branch for United States farmers. But until both countries ease off tariffs targeting $360 billion in goods, business and agriculture interests will continue to clamor for a resolution.
On Wednesday, the day after the State of the Union, a coalition of more than 100 farmers, retailers, and manufacturers gathered at the U.S. Capitol to meet with legislators as part of the "Tariffs Hurt the Heartland" campaign. The organizers, Farmers for Free Trade, are advocating for an end to the trade war and congressional oversight on tariffs. In a reportreleased Wednesday, the group estimates that increasing tariffs on Chinese imports to 25 percent after the truce ends March 2nd, coupled with existing tariffs, could cost the country 2.2 million jobs.
Indiana farmer Brent Bible boarded a plane on Tuesday to join them. Bible runs Stillwater Farms, a small, 5,000-acre operation in Lafayette that produces corn and soybeans—one the U.S.'s biggest exports to China. Although Bible sells most of his crop for seed, he's already felt the effects of the trade war: Because of falling prices, he says his profit is a third of what it was before the tariffs began.
https://psmag.com/news/trumps-trade-war-has-hurt-midwestern-farmers-now-theyre-fighting-back
US farms are going bankrupt at an alarming rate. Trump’s trade war is partially to blame.
https://www.nytimes.com/2019/01/14/opinion/trump-shutdown-government-farmers-aid.html
https://psmag.com/news/how-the-trade-war-has-affected-american-farmers
Here's a PBS story from a few months ago.
On Wednesday, the day after the State of the Union, a coalition of more than 100 farmers, retailers, and manufacturers gathered at the U.S. Capitol to meet with legislators as part of the "Tariffs Hurt the Heartland" campaign. The organizers, Farmers for Free Trade, are advocating for an end to the trade war and congressional oversight on tariffs. In a reportreleased Wednesday, the group estimates that increasing tariffs on Chinese imports to 25 percent after the truce ends March 2nd, coupled with existing tariffs, could cost the country 2.2 million jobs.
Indiana farmer Brent Bible boarded a plane on Tuesday to join them. Bible runs Stillwater Farms, a small, 5,000-acre operation in Lafayette that produces corn and soybeans—one the U.S.'s biggest exports to China. Although Bible sells most of his crop for seed, he's already felt the effects of the trade war: Because of falling prices, he says his profit is a third of what it was before the tariffs began.
https://psmag.com/news/trumps-trade-war-has-hurt-midwestern-farmers-now-theyre-fighting-back
US farms are going bankrupt at an alarming rate. Trump’s trade war is partially to blame.
https://www.nytimes.com/2019/01/14/opinion/trump-shutdown-government-farmers-aid.html
https://psmag.com/news/how-the-trade-war-has-affected-american-farmers
Here's a PBS story from a few months ago.
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