The USA agricultural sector is dying right before our eyes and Trump is using those tariff negotiations to force other countries to buy more of USA beef, wheat, rice, soya beans and corn. These are all genetically modified food crops that the EU tried to avoid and is now being dumped into countries like India and Japan.
Japan too folded as expected, as Japan has to depend on the USA market for its motor vehicle exports, with tariffs set at 15% on Japanese vehicles entering the USA market. Japan now has to open up its rice market to the USA, to help the USA agricultural sector now entering a death spiral. Even though PM Shigeru Ishiba claims no quarters have been given, but that must be a joke with 15% tariffs on its cars and being forced to open up its rice market, Japan is in deep trouble.
Now, look at Bong Bong getting a 19% tariff deal from an earlier 20% and thinks he has done the Philippine proud. That wimp has no cards to play going to Washington, just merely to wag his tail. Should have asked Trump whether he can get his hands on his father's ill-gotten wealth now, LOL. More tail wagging might do the trick.
In other words, being allies of the USA carries no advantage when it comes to getting the wrong end of the stick.
Anonymous
Next on the chopping block will be South Korea. Every one of them will be forced to buy more Boeing planes and agricultural products to save the USA agricultural sector now in deep trouble. Agriculture is as much a National Security Issue for the USA, because if more farmers go out of business, the USA will face a food crisis. It is so ironic that the USA, once the food bowl of the world, is now producing food that the world does not want.
ReplyDeleteBrazil, Argentina and Russia are hitching a ride on the food bonanza wagon, with China the market that they had been looking forward to selling to and is now becoming a reality. As farming grows in these three countries, we are seeing a corresponding decline in the USA agricultural sector. How the world has changed!
India and Japan are now being forced to buy rice from the USA, which is just like carrying coal to Newcastle in the old days. Newcastle produces so much coal itself and is an exercise in futility. India is the second biggest rice producer in the world, with Indian farmers surviving on that staple alone. Indians take to their own variety of rice, and I wonder how those USA rice will figure in their diet. Taking away their livelihood is going to create a massive problem for Indian farmers going forward with imported USA rice. But Trump does not care so long as it the USA's interests that he wants to take care of first.
Talking about Japan, I would not know how they are going to use USA rice to make Japanese sushi. I never like Japanese sushi, so I am not one to comment. Should be possible, but will the Japanese take to it.
All this talk of tariff are just talk, so what if agreement are signed. It can be torn apart or delay implementation. At the end of the day, it is the common people who pay for it if implemented. Business owner either pass the cost to consumer or they closed shop or some good one will try to make less profit. Gov. just sit back relax and collect $$. It time every country citizen stop buying US product if their G give US zero tariff. If no one is buying US products, TACO will have to eat his own shit.
ReplyDeleteStop selling to USA so Trump collects nothing. Stop buying USA products, so Trump gets to eat his own soya beans, corn, beef and all those shit.
ReplyDelete