Only thing this is gonna do is lead to a recession, and hammer 401ks, Trump will bluster and bash about, then completely surrender just like he did with wall. Now he’s following Bushs example sending neutered troops to border all for show. Wake up people.
Jeb!
Not gonna happen. I don’t see him backing down on this. As for 401’s, BUYING OPPORTUNITY!!!! MAGA
Patriots are not selfish bastards.
We've gone from "We Mutually Pledge To Each Other Our Lives, Our Fortunes And Our Sacred Honor"
To:Only thing this is gonna do is lead to a recession, and hammer 401ks
according to Bloomberg who doesn’t allow material on FR, they are graphing the China imports from us at just below $140B for 2017. With $3B then $50B, there aren’t enough imports for China to come back and match the $100B Trump is ‘considering’ under Sec 301.
But one Singapore analyst puts forth that Trump is likely positioning for the WTO negotiations, and fighting to protect America’s intellectual property, which also includes ag. Practically every manufactured product has a second and third run under a knockoff name and heavily subsidized profit - for China. And, if you’ve read about that rice seed thief (and two years ago the corn seed thief) they’re not stealing seeds so they can keep buying rice and corn and soybeans from us.
As for the farmers, even if China refused the entire export of $14B in soybeans, let’s get real - it’s still less than a Cat 3 hurricane costs us. We’ll manage just fine. But China won’t. And that’s exactly how we want to sit down at the table.