Post by LeftistDon'tMatterPost by Mitchell HolmanPost by Bradley K. ShermanTrump favorability now 39%-58% against, lower than Biden's at any
<https://apnorc.org/projects/100-days-in-and-the-public-feels-trumps-pr
esidency-is-proceeding-mostly-as-expected/>
--bks
I love watching these videos of farmers
wailing that their whole crop they just
harvested is worthless because of Trump's
trade war.
Dumbshit Hollowhead isn't smart enough to understand that tariffs in
foreign countries have been limiting sale of crops grown in the USA
for years. Farmers are hoping that Trump's tariffs will encourage
those tariffs to be reduced so they can sell their crops to
foreigners.
Hollowhead is an ignorant old fool.
Well any respected economist and even the farmers themselves say it
isn't going to work.
Now go spread more joy red hat boi.
"This Trade War Will Force Farms to Close" and More Reactions From Ag
Industry on Latest Tariffs
By Noah Rohlfing
Agriculture.com
Updated on April 4, 2025
President Donald Trump announced a swath of reciprocal tariffs on
Wednesday in an address at the White House Rose Garden. Calling it a
"Liberation Day," Trump signed an executive order declaring a national
economic emergency due to "foreign trade and economic practices" from
countries around the world.
According to a fact sheet released by the White House in the wake of the
executive order, a 10% tariff on imported goods from all countries will
go into effect on April 5 at 12:01 a.m. ET.
In addition, countries will have an "individualized reciprocal higher
tariff" on countries with which the Trump administration says the United
States has the largest trade deficits. These tariffs have ranges varying
by country and go into effect April 9 at 12:01 ET.
As a carve-out of the proposed tariffs, United States-Mexico-Canada
Agreement (USMCA)-compliant goods are exempt from tariffs. Non-USMCA
compliant goods from Mexico and Canada are still subject to 25% duties,
while energy and potash remain at 10%.
Sen. Thom Tillis, R-North Carolina, criticized the move, saying in a
video interview that "Anyone who says there will be a little bit of pain
before we get things right, needs to talk about farmers, who are one
crop away from bankruptcy."
There are still details to be confirmed about the blanket tariffs to be
imposed, but reporting from NBC and Bloomberg News said that Treasury
Secretary Scott Bessent confirmed "goods brought in from China would now
face an effective tariff rate of 54% -- the sum of its newly imposed 34%
rate plus the 20% rate Trump had already instituted in his new
administration." The U.S. is projected to import upwards of $6 billion
in agricultural goods from China in 2025, according to the Department of
Agriculture (USDA).
Other important trade partners facing increased tariffs include the
European Union at 20%, Japan at 24%, and India 26%. The United Kingdom
is subject to the base 10% tariff.
Reactions have been mixed to the announcement, with concern over the
duties' impact on the economy and the potential for retaliatory tariffs
from some of America's biggest agricultural trade partners.
The AFBF is the nation's largest farmer-run organization and serves
farmers in all 50 states.
"Trade is critical to the success of farmers and ranchers across the
country. We share the administration's goal of leveling the playing
field with our international partners, but increased tariffs threaten
the economic sustainability of farmers who have lost money on most major
crops for the past three years," said AFBF President Zippy Duvall.
"More than 20% of farm income comes from exports, and farmers rely on
imports for crucial supplies like fertilizer and specialized tools.
Tariffs will drive up the cost of critical supplies, and retaliatory
tariffs will make American-grown products more expensive globally. The
combination not only threatens farmers' competitiveness in the
short-term, but it may cause long-term damage by leading to losses in
market share.
"We encourage the administration to work toward a swift resolution to
trade disagreements to avoid tariffs that put farmers and ranchers in
the crosshairs of retaliation, and to pursue strategies that expand
market opportunities for the men and women who grow the food every
family in America relies on."
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