Posted on 10/30/2019 2:29:00 AM PDT by cba123
U.S. President Donald Trump’s demand that Beijing commit to big purchases of American farm products has become a major sticking point in talks to end the Sino-U.S. trade war, according to several people briefed on the negotiations.
Trump has said publicly that China could buy as much as $50 billion of U.S. farm products, more than double the annual amount it did the year before the trade war started.
(Please see link for full article)
Really.
If China agrees to this it will prove to the world just how weak China is. A veritable paper tiger. Which is why I expect their leadership to push hard against it, but if they accept they will irrevocably prove they are truly weak. Forced to buy soy at double the quantities they needed a year before the trade war (not to mention before flu decimated Chinese pig population). It would be an absolute body blow to the image the Chinese have been trying to put out that they are a strong country if they accept this.
China is over a barrel right now on pigs. They’ve had more than 40% of all the pigs in the country die of pig ebola from the Congo. That’s about 20% of the world production of swine. American pigs are healthy and China desperately needs pork. And why did the UN rename it African Swine Fever? Is that an attempt to make is sound less scarey? It’s the Reston Ebola strain. It kills swine and monkeys, but humans are currently immune, until it crosses over to humans.
China will soon not be able to feed its people and we can charge anything we want for American pork.
Exactly
That’s odd. It seem that Beijing would want to encourage U.S. farmers to continue producing enough for China instead of causing a decrease in U.S. production next year.
China either buys or starves.
Xi would rather deal with food riots conducted by millions of starving Chinese? Hey, a kinky ba$tard is he not?
This is all about positioning PDJT not to have success in relation to his re-election.
Let the Chinese rot.
“That’s odd. It seem that Beijing would want to encourage U.S. farmers to continue producing enough for China instead of causing a decrease in U.S. production next year.”
They do want to encourage the US farmers to produce. They just don’t want to pay the increased price that the law of supply and demand will create.
Let them starve.
...we can charge anything we want for American pork.
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Pork is still affordable in the US. Bacon, OTOH, is not.
Heard about a year ago on the Clark Howard Show that there is a glut of frozen meat in the US (don’t have a 2nd source). Yet, everything but chicken has gone up considerably.
What happens to domestic prices and the US COL if quantities of pork are exported?
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