The Commish
Footballguy
The captions running on the bottom of the various news outlets were pretty awesome. If you are to believe one of the news outlets, China is begging and pleading to come back to the negotiating table 
Fantasy Football - Footballguys Forums
Welcome to Our Forums. Once you've registered and logged in, you're primed to talk football, among other topics, with the sharpest and most experienced fantasy players on the internet.
TRADE THREAD- President Trump signs Phase One of China agreement, China promises to double its purchases in 2020 (2 Viewers)
- Thread starter timschochet
- Start date
Godsbrother
Footballguy
The odd thing is that both sides have incentive to negotiate a solution. I'm not sure what China's strategy is in this but it seems like Trump is a bit of a one-trick pony with tariffs being the only card he knows how to play.The Commish said:The captions running on the bottom of the various news outlets were pretty awesome. If you are to believe one of the news outlets, China is begging and pleading to come back to the negotiating table
The Commish
Footballguy
China has plenty of cards left. They completely control the look/feel of their economy. Their strategy is simply to avoid any meaningful agreement on IP protections or currency manipulation practices.
siffoin
Footballguy
msommer
Footballguy
The Commish
Footballguy
So I guess there is good news after all. China's behavior isn't their fault. Apparently, past administrations are the ones responsible for the IP issues and currency manipulation. So, all they need to do is give Trumpy the super secret password that makes China behave this way at our will so he can fix it. Problem solved!!!!! Or is it MISSION ACCOMPLISHED!!!!!!!
timschochet
Footballguy
On Meet the Press yesterday there was was this Club for Growth guy expressing support for Trump. This guy is a life long free trader who hates tariffs so Todd asked him how he could support Trump? He explained that Trump’s tariffs were a temporary means of pressuring China to agree to a better trade agreement- they were the means, the end is free trade.
With this convoluted argument any free trader can support any tariff. Amazing the lengths some people are willing to go to defend this Presidents
With this convoluted argument any free trader can support any tariff. Amazing the lengths some people are willing to go to defend this Presidents
siffoin
Footballguy
Hopefully, the democrats will make sure their USA flags are made in the good ol' US of A. Maybe they should have a rally at the flag company.
Edit: I doubt they will because they are nearly as dumb as Republicans.
Last edited by a moderator:
Long Ball Larry
Footballguy
Long Ball Larry
Footballguy
I certainly don't like doing a boff sidez, but to be fair, this is largely true of most people and their politics. the lengths that people seem to go for trump do seem to be rather extreme, but the fundamental condition is the same for many across all political (and other) spectrums.
SaintsInDome2006
Footballguy
Hawkeye21
Footballguy
https://www.farmforum.net/farm_forum/national-farmers-union-escalating-trade-war-exacerbates-weak-farm-economy/article_cdf22353-259f-59d3-a058-5e7d3dd283f1.html
WASHINGTON, D.C. – In retaliation against the United States’ most recent escalation in an ongoing trade war, China announced on Aug. 23 that it will increase tariffs on $75 billion worth of American goods, including a number of agricultural products. Starting on September 1, the country plans raise tariffs on American soybeans from 25 percent to 30 percent and on pork from 50 percent to 60 percent. On December 1, they will increase tariffs on corn, sorghum and wheat from 25 percent to 35 percent.
National Farmers Union (NFU) President Roger Johnson issued the following statement in response to the news:
“It’s no surprise that China is slapping even more tariffs on American products. Every time Trump escalates his trade war, China calls his bluff – and why would we expect any differently this time around? And it’s no surprise that farmers are again the target. In just the past three years, U.S. soybean exports to China have fallen nearly 80 percent, and once these tariffs kick in, things are likely to get worse.
Things have been difficult for farmers long before this trade war rolled around. Farmers are making half of what they were in 2013, and they’ve taken on record levels of debt just to keep their doors open. Chronic overproduction continues to push commodity prices down, and extreme weather events and higher temperatures caused by climate change have made the job of growing food that much more challenging. But instead of looking to solve existing problems in our agricultural sector, this administration has just created new ones. Between burning bridges with all of our biggest trading partners and undermining our domestic biofuels industry, President Trump is making things worse, not better.”
WASHINGTON, D.C. – In retaliation against the United States’ most recent escalation in an ongoing trade war, China announced on Aug. 23 that it will increase tariffs on $75 billion worth of American goods, including a number of agricultural products. Starting on September 1, the country plans raise tariffs on American soybeans from 25 percent to 30 percent and on pork from 50 percent to 60 percent. On December 1, they will increase tariffs on corn, sorghum and wheat from 25 percent to 35 percent.
National Farmers Union (NFU) President Roger Johnson issued the following statement in response to the news:
“It’s no surprise that China is slapping even more tariffs on American products. Every time Trump escalates his trade war, China calls his bluff – and why would we expect any differently this time around? And it’s no surprise that farmers are again the target. In just the past three years, U.S. soybean exports to China have fallen nearly 80 percent, and once these tariffs kick in, things are likely to get worse.
Things have been difficult for farmers long before this trade war rolled around. Farmers are making half of what they were in 2013, and they’ve taken on record levels of debt just to keep their doors open. Chronic overproduction continues to push commodity prices down, and extreme weather events and higher temperatures caused by climate change have made the job of growing food that much more challenging. But instead of looking to solve existing problems in our agricultural sector, this administration has just created new ones. Between burning bridges with all of our biggest trading partners and undermining our domestic biofuels industry, President Trump is making things worse, not better.”
yak651
Footballguy
Don't worry, Trump will tweet today that he's taking care of the farmers and give them more subsidies so they keep voting for him. Only thing is these subsidies will mostly go to the "mega farmers" and the typical middle class Midwestern farmer will take it in the shorts.
Hawkeye21
Footballguy
Since Trump is an expert at bankruptcy he increased the debt ceiling for Chapter 12 bankruptcies.
https://www.agprofessional.com/article/chapter-12-debt-ceiling-increased-10-million
On Friday President Donald Trump signed into law legislation raising the debt ceiling to $10 million for Chapter 12 bankruptcies. Authored by Sen. Chuck Grassley (R-Iowa), the Family Farmer Relief Act expands farmer access to Chapter 12 debt reorganization procedures.
https://www.agprofessional.com/article/chapter-12-debt-ceiling-increased-10-million
On Friday President Donald Trump signed into law legislation raising the debt ceiling to $10 million for Chapter 12 bankruptcies. Authored by Sen. Chuck Grassley (R-Iowa), the Family Farmer Relief Act expands farmer access to Chapter 12 debt reorganization procedures.
Hawkeye21
Footballguy
Iowa Corn Growers are "fed up" and not taking it anymore from @realDonaldTrump
Corn growers just issued release saying: Iowa growers here to "express anger" at Trump Trump's promises on renewable fuels "were broken" "Agriculture is in one hell of a bad situation right now"
https://twitter.com/douglaswburns/status/1166377793862680577?s=20
Corn growers just issued release saying: Iowa growers here to "express anger" at Trump Trump's promises on renewable fuels "were broken" "Agriculture is in one hell of a bad situation right now"
https://twitter.com/douglaswburns/status/1166377793862680577?s=20
IvanKaramazov
Footballguy
The next president is going to have a very nice, easy economic stimulus package waiting for them on day one just by undoing this stupid trade war.
Sheriff Bart
Footballguy
China digging in. Someone fire up an economic Maginot Line.
The Commish
Footballguy
Given how close you work with this group of people, is this "fed up" like actually fed up and ready to act or "fed up" like the GOP gets "angry" but never acts?
SaintsInDome2006
Footballguy
Hawkeye21
Footballguy
I honestly don't know. I was surprised to see this and I hope there is a large group of farmers that feel that way. I haven't heard too much from farmers talking about Trump one way or the other recently. All I know is that they are not having a good year.
I still see certain farmers I'm friends with on Facebook sharing stupid, pro-Trump meme and other propaganda.
A couple of my farming friends response to my criticism of Trump by saying;
Well what do the Democrats have to offer?
Another said that Trump is the worst thing to ever happen to the Republican Party but said you can’t vote for Democrats and their crazy ideas
-
Last edited by a moderator:
jonessed
Footballguy
tri-man 47
Footballguy
SaintsInDome2006
Footballguy
SaintsInDome2006
Footballguy
You can love it if you want, doesn’t matter. We lose their markets as customers after spending 50 years building that market for ourselves, and then Brazil, Ukraine, Russia, you name it take our spot. American consumers pay the tax while communists can absorb the cost and their people can’t say blip about it.
joffer
Footballguy
because we don't live in China?So China can raise tariffs as much as they want but when we try to level the field, the hate is brought on to Trump? Why can China do what they please and you guys are happy with it?
SaintsInDome2006
Footballguy
The Commish
Footballguy
I'll give $5 for every post saying they are happy with what China is doing. The reason people are pissed with Trump is because his actions are taking money directly out of their pockets via his tariff approach. Do they not have the right to be upset by that?So China can raise tariffs as much as they want but when we try to level the field, the hate is brought on to Trump? Why can China do what they please and you guys are happy with it?
Last edited by a moderator:
![[scooter]](/data/avatars/m/22/22287.jpg?1659477690){kind=avatar}
[scooter]
Footballguy
Why does the playing field need to be even?So China can raise tariffs as much as they want but when we try to level the field, the hate is brought on to Trump? Why can China do what they please and you guys are happy with it?
One way to guarantee that the playing field is even would be to completely eliminate all trade between both countries. Do you think that would be good for America?
yak651
Footballguy
The vast majority of Iowa farmers voted for Trump in 2016 and I am sure over 50% of them will in 2020. They aren't about to let a farm economy worsened by Trump change their votes. Sorry but to those I say shut your pie holes...you made your bed now you can lie in it. The time for you to make a difference and recognize a con man many of the rest of us was early in 2016 before the Iowa cacuses.
Last edited by a moderator:
Mister CIA
Footballguy
Mister CIA
Footballguy
Hawkeye21
Footballguy
Why? I know a lot of people don't care for it but what is your reasoning. I'm curious.
[scooter]
Footballguy
jonessed
Footballguy
Philo Beddoe
Footballguy
Sheriff Bart
Footballguy
Person A has a red widgetSo China can raise tariffs as much as they want but when we try to level the field, the hate is brought on to Trump? Why can China do what they please and you guys are happy with it?
Person B has a blue widget.
They trade.
Both are happy with the trade.
Now, level the playing field. Make sure to show your work.
tri-man 47
Footballguy
If China raises tariffs, we could approach it one of two ways:So China can raise tariffs as much as they want but when we try to level the field, the hate is brought on to Trump? Why can China do what they please and you guys are happy with it?
1) Add tariffs of our own, which becomes a nasty cycle of increasing costs. In the U.S., we feel the pain because of our free market economy. In the more closed Chinese economy, not as much (or a passive acceptance by the people that they can't really do anything about it).
2) Work with China to reduce the tariffs ...negotiate (art of the deal) and all that. Along with this, we probably need to balance the trade-off of some higher pricing against our access to the large Chinese market.
It could be a combination - go with #1 to force a process for #2. But I don't think many folks feel Trump is savvy enough to accomplish this. The process of playing tough to yield concessions hasn't been working well (see: Korea, North; Iran)
Don't like to in my small 2 stroke gas engines, antique cars or my boat but zero issues with any autos built in the last 30 years. Any mechanic telling you otherwise doesn't know what they are talking about.
Aside - Steve Mnuchin (and his Cruela DeVil wife) has one of the all-time most punchable faces. The smugness is oozing ...
msommer
Footballguy
msommer
Footballguy
joffer
Footballguy
just doesn't save much in terms of GHG emissions. subsidized up the wazoo. ethanol from sugar cane is much better.
Similar threads
