Exports are where the pain and blood are going to kick in.
All those soybeans, pork and wheat farmers used to sell to China? Gone, gone, gone. China has made deals elsewhere for all that it’s never coming back.
It’s gone and they don’t need the US farmers anymore.
Next up, trump and his regime will initiate a bailout of the Farmers because they destroyed their market. National Debt… another trillion or two added.
Good. Food shouldn’t be grown for profit at all and shouldn’t be exported. Time to nationalize all the agrobusinesses who “can’t survive” without paying slave wages to export millions of gallons of subsidized water to foreign countries for pennies.
It’s worse than that. Sure China is huge, but the entire world is boycotting US goods. It’s far far worse than what your pointing out. But we’ll, maybe this is a good thing. Fuck USA.
Feels real bad man. A lot of people that voted against this are going to suffer. For perspective 74.9 million people voted for Harris. That’s greater than the entire population of France (68.3 million).
The number of people that didn’t want this is massive. But a few more people in this country did want this so now millions have to suffer.
Maybe the depression this causes will give the US a chance. We seem to only have progressive reform when the economy collapses. When the economy is good voters shift to destroying the system because it’ll “lower their taxes”. Maybe Americans are a lost cause
Walmart and Target have given factories the go-ahead to resume production, though the companies haven’t resumed inspections prior to shipping. This would seem to indicate that the retailers are refilling the order pipeline following reports of their visits to the White House, and Trump’s public statements after that the China tariffs would be coming down. But there was uncertainty over whether Trump would carve out tariff exceptions just for the mega-retailers, or whether reductions would apply to all importers.
Now I see why Bezos is bending the knee. Dont want to get caught out with the rest of American small businesses when the axe comes down
The rest of the world would help out if Trump hadn’t just messed with literally everyone else at the same time…
Guarantee that at some point he (or some Republican idiot) suggests we engage in more trade with Russia and India.
