Likkmee
Gold Member
I fully agree ! NOW. If YOU make $140 grand I can tax you 35 grand and you have NO additional deductions. NONE.Homestead exemption ? Interest ? College find ? Ins loss deductibles ?If you are going to buy a car that costs $140,000.00 then you can afford a 35 grand tariff, one quarter of the value of the car. If the car costs that much./-----/ So you're picking the winners and losers. What about the $35,000 Chink tariff on Buicks?Agricultural products is one of America's largest exports, and China is one of America's largest export markets. Trump's Trade War and trade taxes are beginning to hurt in states that supported him in the last election.
The U.S.-China trade spat is cutting into the flow of soybeans, pork and other commodities from U.S. farms to one of the world’s biggest markets.
Since early April, when China announced tariffs on some U.S. agricultural goods and threatened to target others, Chinese importers have canceled purchases of corn and cut orders for pork while dramatically reducing new soybean purchases, according to U.S. Department of Agriculture data. Chinese importers’ new orders of sorghum, a grain used in animal feed, have dwindled while cancellations increased.
The chill in agricultural trade is sending jitters through the U.S. Farm Belt, which for years has dispatched farmers on trade missions to cultivate the Chinese market.
“As the summer persists and if nothing’s been resolved, it will start showing up as a pretty big hole in U.S. exports, ” said Soren Schroder, chief executive of Bunge Ltd., one of the world’s largest processors and traders of soybeans. ...
“If [the Chinese] market closes, it could be devastating for local communities across the Midwest,” Sen. Chuck Grassley (R., Iowa) said in a statement.
U.S. Farmers Are Already Suffering From Lost Chinese Orders for Corn, Soybeans and Pork
LikkMee ya dumm fukk !