US soybean farmers warn Trump trade war with China will cause 'serious damage'

[DonViejo]

Source: The Hill



BY AVERY ANAPOL - 07/08/18 08:18 AM EDT

American soybean farmers are warning that President Trump’s trade dispute with China will result in “serious damage” to their industry. The American Soybean Association (ASA) said in a statement that soybean farmers “rely heavily” on exports to China, and said that they lobbied Trump to reconsider the tariffs.

John Heisdorffer, an Iowa soybean farmer and president of the ASA, warned of the impact of the tariffs on farmers.

“Soybeans are the top agriculture export for the United States, and China is the top market for purchasing those exports,” Heisdorffer said in the statement. “The math is simple. You tax soybean exports at 25-percent, and you have serious damage to U.S. farmers.”

Soybeans are among the U.S. products, along with orange juice, whiskey, electric cars and others, that are threatened by retaliatory tariffs from China.

Read more: http://thehill.com/policy/finance/395986-us-soybean-farmers-warn-trump-trade-war-with-china-will-cause-serious-damage

[aeromanKC]

1. But but her emails

(insert Eyes roll emoji here)

[moriah]

14. Buttery males! Nt

[WhiteTara]

17. hahaha

[matt819]

2. Unspoken

But we’ll vote for you anyway. Because black people and gay wedding cakes.

[wasupaloopa]

3. Well guys, elections have consequences. If you help us get rid of this fool by voting for

Democrats we can fix this thing.

[dalton99a]

4. Trump will throw them a few billion dollars to shut them up

Cash bribes work wonders

[SergeStorms]

32. But then he'll...

cut their medicare and medicaid to make up for it. And they won't blink an eye. Hey, it's only healthcare!

[dembotoz]

5. contracts already done, imports of soybeans from elsewhere. damage already done

hope you like a surplus of tofu cause we are gonna have a lot of it....

[dem4decades]

8. They can store it in empty motorcycle manufacturing plants.

[dembotoz]

15. they used to use the pyramids ya know......

[Girard442]

6. "I can't believe a leopard is biting my face off!"

Says man who voted for the Leopards Biting Faces Off Party.

h/t to Atrios for that one.

[Liberalagogo]

11. Here ya go:

[Girard442]

16. Cool!

[exboyfil]

7. Minnesota and Illinois also grow a lot of soybeans

They are 2nd and 3rd in the number.

[WhiteTara]

18. It's a top export in Arkansas.

[louis c]

25. So what? The rural vote in those two states still voted for Trump...

...overwhelmingly. There aren't too many farmers in Chicago or Minneapolis.

[peekaloo]

9. Guess which country is expected to produce a record amount of soybeans this year.

and will most likely benefit the most from this trade war.

Go on, take a guess! Think real hard.

[Turbineguy]

10. The ship carrying US Soybeans missed its arrival cutoff.

https://www.marinetraffic.com/en/ais/details/ships/shipid:410512/imo 634830/mmsi:626018233/vessel EAK%20PEGASUS

[jpak]

12. Thoughts and prayers

n/t

[Firestorm49]

13. I have an idea!

Hey, I have an idea to help soybean farmers. Simply have the soybean association stuff a few million dollars in an old rumpled duffle bag and direct it to the unpopularly elected King of the Unites States in Washington, DC. He likes money. Or, better yet, (or in conjunction with the duffle bag of ill-gotten booty) build a Trump casino in the middle of a field somewhere that will feature Russian strippers pissing on clientele and give discount rates to Russian, Chinese and North Korean officials and their minions, say like traitor Ron Johnson and his ilk of seven blowhards who pretended to beg for election mercy from a bunch of proven tyrants.

BINGO! Problem solved.

[Nay]

19. Dear soybean farmers: HE DOESN'T GIVE A FUCK WHAT YOU THINK.

He never did. He's a malignant narcissist. He stiffed thousands of workers in his real estate 'business.' He has always treated everyone like dirt.

And still, YOU VOTED FOR HIM.

Enjoy.

[Snellius]

20. But it's a matter of national security. It's treason. Don't you want to WIN, losers?

The President of the United State will blitzkrieg you mercilessly with angry tweets until you submit: "All your base are belong to us".

[Hav]

21. Lots of these kind of stories because of the coming trade war

Neither the consumers nor producers profit from trade wars. But I can almost hear them: Please take back the tariffs or compensate us and just continue with separating those brown families, that was fine.

It's also funny reading the comments. Maggots who rail against big government but who say that the farmers will be bailed out by government programs due to these price variations. Welfare queens?

[NCjack]

22. "Serious damage" here! We warned you dip shits that #45 is a MAGA-Liar. nt

[Julian Englis]

23. All part of Putin's plans--just like continued dependence on oil, Russia's only cash export. n/t

[NickB79]

28. Guess what crop Russia is currently expanding production of?

https://www.agricensus.com/Article/Russian-soybean-production-to-increase-8-2-USDA-1389.html

Surprise! Between global warming expanding farmland and China's Belt and Road initiative giving easy export routes, Russia is looking to become China's new breadbasket and kick America to the curb.

[louis c]

24. Why do I have little to no sympathy...

...for the assholes who are being screwed by Trump after they supported him in the election?

[Squinch]

31. Poor dears. They were counting on him to ruin OTHER people's lives.

[Vinca]

26. I hope they don't think he'll care. Idiots.

[Maxheader]

27. You think you know better than tRump?

Doubtful anyone in the white house understands the situation better
than the farmers..and dementia boy really won't listen until it starts
hearing words from the farmers like "Just wait til 2020 jerk!!"

[DBoon]

29. but hard working rural white Americans are self sufficient individuals!

They don't need governments or international trade or cities or foreigners or anything like that

They can just make their life from raw materials in their pioneer homesteads

The know how to create a flint hand axe - what else do you need?

[Squinch]

30. They can make bootstraps out of the soybeans China isn't buying,

then pull themselves up by them!

[olddad56]

33. Trump (Putin) to the farmers: It was intended to cause serious damage.

[roamer65]

34. The Brazilians and Canadians are going to buy your beans dirt cheap.

Then they will use them while they export their crops at top dollar. Or export ours at top dollar!

For all those farmers who voted for Dump, I give you a healthy dose of STFU.

[Bengus81]

35. When a huge tariff hits wheat it's game over.....tired of winning yet?

Between that and soy it will take Kansas farmers out. As of 2012 there were around 62,000 farms in Kansas. You know....the ones who mostly voted 90%+ for Donald Trump.