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A Farm Package, Not a Trade Deal

serfserf Member Posts: 9,217 ✭✭✭✭
edited October 2019 in Politics
Must have been fake news from President Trump.Heck now days you can't trust either party to get it right anymore!

serf

https://www.zerohedge.com/markets/trade-negotiations-us-agrees-farm-package-not-trade-deal-china

After 18 months of negotiations, the trade talks ended with the US achieving very little. It is wrong to call this a "trade" deal, let alone a "substantial " one since the focus, almost exclusively, of the Trump Administration has been to reduce the trade imbalance and the agreement on farm purchases accomplishes little. It is also wrong to call it a trade "truce" since outstanding tariffs are still in place and future tariffs have not been rescinded. As such, Phase 1 of trade talks ended with many issues unsettled, leaving businesses and investors unsure on what lies ahead

Comments

  • mac10mac10 Member Posts: 2,701 ✭✭✭✭
    edited November -1
    the chicoms have been buying grain and hogs the media will not print it
  • MobuckMobuck Member Posts: 14,083 ✭✭✭✭
    edited November -1
    Yeah, grain from Brazil and hogs from Norway. Not much help for U.S.
  • spasmcreekspasmcreek Member Posts: 37,717 ✭✭✭
    edited November -1
    a lifetime in ag.....nafta hurt me.....our govt for 50 years has given china the better end of trade deals ....this has enabled china to build in 30? years what it took the USA to do in 100 years.....past time to bite the bullet and get AMERICA first in trade deals ...gonna hurt for a while but if we want to stay in the top half dozen nations in the world it is a mandatory move......or eventually appease many nations lining up for benefits
  • serfserf Member Posts: 9,217 ✭✭✭✭
    edited November -1
    Yeah, and The Chinese government just lost half it's hogs to a virus, and they know if they can't feed the people then The people will overthrow the communist. This is the only reason they made a deal for farm products!In November Huawei extension is ended then Trump may get a trade deal if they sanction Huawei.

    Surprise surprise food security plus profits is what the commies want! Let The USA get something for it this time around like Jobs for Americans!

    serf
    https://www.nytimes.com/2019/10/07/business/china-strategic-pork-reserve.html

    Last month, 30,000 metric tons of pork from the national reserve was sold into the market ahead of Oct. 1, the 70th anniversary of modern China?s founding. A batch of 9,600 tons was released in January, shortly before Chinese New Year. Local governments have also tapped their stores.
  • mac10mac10 Member Posts: 2,701 ✭✭✭✭
    edited November -1
    yup fat boy in NK is no get any pork they got the swine death there too :lol:
  • MobuckMobuck Member Posts: 14,083 ✭✭✭✭
    edited November -1
    OK, it's a "farm package". What does the US of A have that China wants besides ag production????
    Their spies have already stolen everything else.The one thing the rest of the world can't reverse engineer or replicate is the vast amount of agricultural production that America offers.
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