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Valued Social Butterfly
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Re: Trump's policies and soybean farmers

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@Richva

Certainly doesn’t this coincide with Ford losing a billion because of tariffs on steel and aluminum. Then trump said that steel companies were building 8 new plants? Last time it was 6, and the steel companies weren’t even building those. 

And how many have suffered from pushing steel, along with soybean loses. 

Well, at least we have clean, clean coal?

 

It’s apparent, trump has no concern for others and no clue as to what he is doing...unless of course he is benefiting from all of his ding-dong policies?

 

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Treasured Social Butterfly
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Trump's policies and soybean farmers

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Soybean farmers in ND had a pretty good market with $2.1 billion in exports going to Chinese livestock.  Until Trump came along with all the international trade experience he gained from The Apprentice.   In short, they are screwed. They want desperately to believe in Trump but when his policies are sinking the farm(s) your family owned for generation, you can feel the doubt coming in.  Trump has another notch on his belt along with his success in Trump University, Trump Steaks, and bankrupt casinos.  So much misery being created by one, uneducated, man. 

 

 

 

For the past decade, North American soybean production has exploded, driven by an intense demand from China. Peterson and other Great Plains farmers directly fed the overseas markets, harvesting more than 243 million bushels in North Dakota, at a price of $2.1 billion in the last market year. The majority of that crop fattened Chinese livestock.

But in July, the Trump administration announced 10 percent tariffs on more than $200 billion of imported Chinese goods. Beijing responded with tariffs on $60 billion of American products — including soybeans.

“He’s the president of the United States and he deserves our support,” Peterson said on a recent morning at his farm. “But I can’t help wondering about the methods he’s using with regards to trade.”

 

https://www.washingtonpost.com/politics/north-dakota-soybean-farmers-caught-in-the-trade-war-watch-t...

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