This is what Trump’s trade policies get us. He’s not making good deals – he’s harming US businesses.
The U.S. soybean stockpile is growing and that's an issue https://t.co/Az6fCqEhZR by @adrianambells pic.twitter.com/CfLdvOyLT9
— Yahoo Finance (@YahooFinance) December 29, 2018
Quitting TPP was stupid for so many reasons. Gave all other members a competitive advantage over the US, as this recent news shows.
But biggest giveaway was geopolitical. Imagine how much stronger US position would be if confronting China as head of a large bloc rather than alone https://t.co/nn0VrGULhd— Nicholas Grossman (@NGrossman81) December 30, 2018
And because trump threw out TPP which went ahead without us, exports for farmers in Canada and Australia are booming. Yep, trump sure does care about his constituents in the farm belt. Their customers are never coming back. https://t.co/NZQqshESo1
— Howard Dean (@GovHowardDean) December 29, 2018
This is monumentally bad news for American agriculture and there is no public subsidy that can fix it. https://t.co/v9k1SbmwmY
— Brian Schatz (@brianschatz) December 30, 2018
One of the only GOP House pickups was in Minnesota’s 1st District, home to many soybean farmers, who voted to support the party enabling the trade war threatening their livelihoods. GOP attack ads focused on the patriotism of the Democrat—a veteran who served two tours in Iraq. https://t.co/qD6mh8pxHZ
— Brian Klaas (@brianklaas) December 29, 2018
China's soybean imports from the US plunged to zero in November, marking the first time since the trade war between the world's two largest economies started that China, the world's largest soybean buyer, has imported no U.S. supplies. https://t.co/CS5AIB9gpM
— NBC News (@NBCNews) December 29, 2018
Sad! 