If even China goes back to the stone age, what good does it do to the USA.
With
no China to buy USA agricultural products, what are USA farmers going
to do for a living? Do a little backyard gardening? With no China to buy
USA livestock like pork or chicken, what are USA livestock farmers
going to do for a living? Rear a few pigs and chickens for
self-consumption?
USA farmers are now between a rock and a hard
place, not knowing what to grow or what to rear. China is hitting the
USA where it hurts the most. Did I still hear trade wars are easy to
win. Now the mantra being chanted by Trump is 'tariffs are easy to win'.
Well, let us see.
Anonymous
American farmers are reported to be in fear of lower sales to China because of the trade war. Actually there is nothing to worry about. There will be no poor sales at all. They will be no more sales to China. China will simply buy from BRICS countries or any country that can offer better prices for the same produces.
ReplyDeleteAnd Trump will announce he has won the trade war with China. No more big trade deficits in favour of China as China will not buy or sell to America.
China dumping soya beans and corn purchases after Trump's trade war in 2018 during his first term already sent a signal to Trump that trade wars are not as easy to win as he thinks.
ReplyDeleteAnd more than six years ago, China had by then already found alternatives to compensate for the supplies from the USA. That lesson did not sink in and now Trump wants a tariff war, also touted as easy to win. In those six years, the Chinese were not waiting for the USA to strangle China, but have been actively looking for solutions, building co-operation with partners, helping to purchase their agricultural products and raw materials. China is not wasting time trying to think of how to escalate tensions with enemies.
The tariff war is going to be the self-destruction of the USA. It is a war of USA consumers fighting the USA Government in actual fact, over additional taxes on Chinese products that is going to be self-defeating. The earlier the USA voters realize this, the better for them. What can they do about it is another question. Elections are just a Hobson's Choice for them. Both parties are not good for USA voters and for humanity at large.