Trump seeks to reassure anxious farmers being hurt by his trade war with China

[DonViejo]

Source: The Washington Post


By John Wagner
July 11 at 9:26 AM

President Trump on Wednesday sought to allay rising anxiety among farmers about the impact of his trade war with China, promising over Twitter to bolster sales of their products but acknowledging it could take a while.

Link to tweet

His attempt at reassurance came a day after he escalated his trade war with China, identifying an added $200 billion in Chinese products that he intends to hit with import tariffs. The move made good on the president’s threat to respond to China’s retaliation for the initial U.S. tariffs on $34 billion in Chinese goods, which went into effect on Friday.

The fallout has been acutely felt by soybean producers and other agricultural sectors in the Midwest — prompting even some members of Trump’s own party to voice alarm.

“I’m very, very nervous about it, and my constituents are very, very nervous about it,” Sen. Charles E. Grassley (R-Iowa) said in an interview on Fox News on Wednesday morning shortly before Trump sent his tweets from overseas.

Read more: https://www.washingtonpost.com/business/economy/trump-seeks-to-reassure-anxious-farmers-being-hurt-by-his-trade-war-with-china/2018/07/11/11f0b48a-8509-11e8-9e80-403a221946a7_story.html

[Dopers_Greed]

1. But isn't this good for Trump?

After all, "economic anxiety" was what helped him get elected.

It's time his supporters experience real economic anxiety.

[mpcamb]

11. "...time his supporters experience real economic anxiety" by relying on trump's reassurance.

Let's see what that gets them.

[Botany]

2. "I am fighting for a level playing field for our farmers, and will win!" D Trump

Tell that to the sorghum farmers in Kansas.

https://www.bloomberg.com/news/articles/2018-04-17/chinese-sorghum-tariffs-will-hit-hard-in-trump-friendly-kansas

Sorghum growers aren’t so lucky. On Tuesday, China’s Ministry of Commerce announced it would impose a 178.6 percent duty on sorghum imports from the U.S. that will take effect almost immediately. The news puts an additional Trump-friendly state (and Republican leader) squarely in the crosshairs: Kansas is the largest sorghum producer in the U.S., and its senior senator, Pat Roberts, chairs the Senate Agriculture Committee.

“It’s extremely frustrating and very disappointing,” says Jesse McCurry, executive director of the Kansas Grain Sorghum Commission. “Half of Kansas sorghum or more was going to China, and that probably stops, at least for now.”
The new Chinese measure is a response to the tariffs Trump slapped on solar panels and washing machines earlier this year. China began a probe of sorghum imports in early February, shortly after Trump’s announcement. “We knew this was hanging over our heads,” says Kurt Winter, a sorghum farmer in Sedgwick County, Kansas, just outside Wichita. “But when we heard the news this morning, it was still just devastating to us. It’s really going to put the hammer to our price prospects.”
Trump’s campaign-trail protectionism and attacks on China were a big part of his appeal to Republican voters in 2016. But as he’s begun implementing those policies as president, the economic fallout has landed heavily on his own voters. Hardest hit by the new tariffs will be Roberts’s old congressional district (KS-01), known as “The Big First” for its sprawling, agriculture-intensive acreage. In the last election, Kansas’s first district voted for Trump over Hillary Clinton by 45 points.

[WhiteTara]

14. The MAGAts are reaping the whirlwind.

[thucythucy]

3. So Grassley is "very very nervous"

about what Trump is doing.

Join the club.

We've been "very very nervous" about Trump ever since he came down the escalator way back when.

[vlyons]

4. Yeah Donny, and exactly HOW do you plan to do that?

You can forget about Republicans voting to raise subsidies for soybean farmers. Or maybe you're gonna make nice with China yeah? Trump is such a lying asshole.

[turbinetree]

5. How sexual predator how are you going to bolster soybeans................

by saying this shit from your mouth, it is about as moronic coming out of the mouth of well a moron, and traitor............


" I will open....things up, better than ever before, but it can’t go too quickly. I am fighting for a level playing field for our farmers, and will win!"


And it "but it can't go to quickly".....................

He really needs to bang his head against a wall and slap himself on the forehead he is that stupid...............below is an article that shows that this asshole has no clue as to what he is doing, the graft alone says it all, and what he has done is turn that graft upside down..........................he is a idiot...................

https://www.card.iastate.edu/ag_policy_review/article/?a=66


November 2018 cannot get here fast enough........................vote

[fierywoman]

12. Yet he can quickly kidnap children from their parents.

[turbinetree]

13. Yepper, spot on

[C_U_L8R]

6. Would you trust your home and livelihood to Trump?

This shitheel is a one man wrecking crew of financial disaster.
What are those MAGAT's thinking???

[Historic NY]

7. Its called a glut.....

in the market EL Trumpo doesn't seem to understand you can only sell so much. Apparently the farmers bet the farm this year planting more than other crops.

[dalton99a]

8. Very, very nervous about it??

WTF. RELAX!

"It will be better than ever. You will enjoy it. Believe me"

[boxwine]

9. poetic justice?

Here in Butler County Missouri the largest nail manufacturer in the USA is closing due to new tariffs, and half of the county raises soybeans and rice. 80% of the voters voted for Trump. Maybe they are getting what they deserve.

[Bayard]

10. Then DO something about it, Grassley!

Sorry to say, hitting Rethuglicans livelihood may be the only way to change their vote.

[CrispyQ]

15. Senator, are you nervous enough to vote against his SCOTUS pick to knock him down a few pegs?

Or are you another Flake, all talk, no action?

[Javaman]

16. In hopes of boosting their spirits, the orange asshole quoted from his favorite book...

War is peace
freedom is slavery
ignorance is strength

[Solly Mack]

17. They'll get bailouts and call that winning.

The GOP will gut something people need to survive to give welfare to all those Trump supporting farmers with their hands out begging.

And if you voted for Trump and your farm is going under, why not reach down and grab your own bootstraps - isn't that what you think other people who need help should do?

Well, enjoy bending over.

Sure, I'll pay more - but I won't be buying from you will I? Your farm is gone.