Posted on 07/11/2018 7:52:14 PM PDT by Rebelbase
English language news report from Shanghai TV talking about American Beef and Pork being pulled from the menu and substituted with Beef from Australia.
Watch to the end of the report as it looks like the tariffs might crash the pig head market.
Like (this)
Not like(this)
Let Them Eat Cicadas
Wait: There’s a pig head market?
PS: that fried calamari is really pig anus.
Let them. My stupid congresswoman can’t understand microeconomics but think about it - there’s not an infinite supply of beef and pork in the world and supply is balanced with demand. So if China is not buying from Australia, where do those who were previously buying from Australia go to get their beef and pork? Most likely the US which now has an immediate supply.
Do you suppose China had to pay more or less than they were paying the US to Australia to break their contracts and sell to China instead? How long before China realizes maybe it would be cheaper to pay the US tariff and have it’s preferred supplier back again.
Trump understands this, and knows exactly what he’s doing.
Oh. My. Gawd.
We're done for.
豬頭
In other news, alley cats and stray dogs are suddenly disappearing in Shanghai.
This so called “trade war” stuff always cracks me up. China needs the USA more than the USA needs China. They can’t win and they know it. They got used to feckless US Presidents doing nothing about their unfair trade practices, but now they’ve met their match. The only question is how long it will take them to cave, but cave they will. They have no choice.
The Chinese got no retaliation.
ALL commodities have a constant market. If we don’t sell beff to China, and they buy it somewhere else, we’ll sell ours to somebody else.
This is nothing.
If prices come down I’ll ramp up the smoker.
Smithfield Foods, Inc., is a meat-processing company and wholly owned subsidiary of WH Group of China...
In addition to the over 500 farms Smithfield owns in the United States, another 2,000 independent contract farms around the country grow Smithfield's pigs.[4] Outside the U.S., the company has facilities in Mexico, Poland, Romania, Germany and the UK.[5] Globally the company employed 50,200 in 2016 and reported an annual revenue of $14 billion.[2] Its 973,000-square-foot meat-processing plant in Tar Heel, North Carolina, was reported in 2000 to be the world's largest, processing 32,000 pigs a day.[6]
Then known as Shuanghui Group, WH Group purchased Smithfield Foods in 2013 for $4.72 billion, more than its market value.[7] It was the largest Chinese acquisition of an American company to date.[8] The acquisition of Smithfield's 146,000 acres of land made WH Group, headquartered in Luohe, Henan province, one of the largest overseas owners of American farmland.[9]
Now you know why the globalists were preparing to make us eat bugs.
We’re still based in the town where we were founded 80 years ago.
Based in Smithfield, Virginia, in the United States, we are the leader in numerous packaged meats categories with popular brands including Smithfield®, Eckrich®, Nathan’s Famous®, Farmland®, Armour®, Cook’s®, John Morrell®, Gwaltney®, Kretschmar®, Margherita®, Curly’s®, Carando®, and Healthy Ones®. Smithfield Foods is committed to providing good food in a responsible way and maintains robust animal care, community involvement, employee safety, environmental, and food safety and quality programs.
Great question!
LOL... the Chinese own the largest pork processor in the USA. Trump got them to play Russian Roulette.
Chinese citizens urged to ‘eat a bug and save a tree’ as summer cicada glut threatens greenery
https://www.scmp.com/news/china/society/article/2154855/chinese-citizens-urged-eat-bug-and-save-tree-summer-cicada-glut
Meanwhile, thanks to the repeal of country of origin labeling, Americans don’t know where the heck their beef is coming from.
POTUS,when you get a sec, hows about getting rid of mystery meat?
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