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President Donald Trump is seeking an additional $15 billion in U.S. subsidies in an effort to protect farmers from the devastating impact of his trade war with China. That’s on top of $12 billion already earmarked for the farmers to help them weather the fallout.
That would be an additional bill for U.S. taxpayers already shouldering the cost of increased tariffs in the form of higher costs for products and parts from China.
TRADE
China's Trading Partners
United States: US$479.7 billion (19.2% of total Chinese exports)
Hong Kong: $303 billion (12.1%)
Japan: $147.2 billion (5.9%)
South Korea: $109 billion (4.4%)
Vietnam: $84 billion (3.4%)
Germany: $77.9 billion (3.1%)
India: $76.9 billion (3.1%)
Netherlands: $73.1 billion (2.9%)
For most economies in the world, their leading export and import trading partner in terms of value is either the European Union or China, and to a certain degree, the United States and Japan Other countries like Russia, Brazil, India and South Africa are emerging as significant markets or source countries.
Trade between Africa and China has grown at a breathtaking pace. It was $10.5 billion in 2000, $40 billion in 2005 and $166 billion in 2011. China is currently Africa's largest trading partner, having surpassed the US in 2009
Trade War Does NOT benefit "The Poor"... what benefits the poor is "Education Access", "the ability to build and rebuild industry" and "the ability to not be fleeced by the wealth", "not to be fleeced by the bank" and "not to be denied education due to the high cost", and "they want to get from under the 'constructed game of racist madness promotions", the same racist vile that pits people against people, that has for generations been funded and promoted by the systems of media madness owned by the wealthy and thrust upon and within the community and society of "Poor People" white, black and other....
He's spending billions to buy votes..
Funny thing is for 8 years Fox and their minions screamed Obama was buying votes with the 'Obamaphone', even though Obama had nothing to do with that program. But in this case Trump is absolutely spending billions for votes, it's his program, it's his tariffs, but in this case his mindless cult won't care.
Trump is using American Taxpayers to Bail Out His Disastrous Trade War Mess... he is doing to America what he did to his own business! forcing them into unwinnable situations, then doing a "double bail out" with taxpayer's money.... so the tax payer, get's hit with a "QUADRUPLE WHAMMY"!! Not only A SECOND TIME of footing the bill for the mess, but set to be faced with "very high inflationary cost for produce".
[...]
Trump is using American Taxpayers to Bail Out His Disastrous Trade War Mess... he is doing to America what he did to his own business! forcing them into unwinnable situations, then doing a "double bail out" with taxpayer's money.... so the tax payer, get's hit with a "QUADRUPLE WHAMMY"!! Not only A SECOND TIME of footing the bill for the mess, but set to be faced with "very high inflationary cost for produce".
Then comes the "increased cost of Imported Goods" that will be hit with another 25-30% cost increase. There's nothing "winning" about this mess.
We have a "Unsanctioned Cabinet in our Executive Administration"... And social climate of Trump and Republican Generated Chaos that spreads across the nation.
Proposed plans to intensify "international conflicts"... and a devastated Diplomatic Corp... Then add in the desecration of the Divisions of Government, with his Contentious and Malice Drive abuse of the Justice Dept, and his disregard for both the Senate and the House...
The Fictions of the Stock Market can't hide any of this... We know that Industry has not built anything in America, and there is no expansion of Industry in any sectors across the nations.... and before long the "trading frenzy" propped up on the game of "excessive trading" based on nothing more than the "fictions of trades"....
China does no longer has a sole reliance on America as it Export Trade Options, it has Europe, Africa, South America and the various South East Asian location that all engage and share in Cooperative Trade Agreements.
No amount of belligerence can stop the world from its change in how they develop trade agreements, and the ENTIRE world knows that America function in the Red, with 105% of GDP and $22 Trillion in DEBT and Risings... without No Industry to bail us out.
People in America need to get off and get past the "Party Split and Party Fight Stupidity" and start realizing; that racist ignorance of "political party split games" is a process of guaranteed economic doom!!!... we have long been on the path of self destruction "FROM WITHIN"... by the mentality and disposition of bias, bigotry, racism and generalized greed and stupidity. We are below 25th in Education, and greed monster's sold and exported all core commodity industry, trying to prevent women, minorities and poor whites from gaining economic uplift.... Now, the world see's the results of America's bias and bigotry, and its racist core...
The world laughs at us, because of the racist ignorance and the race based party split and the right white society, unable to respect the multi-cultural make up that has been what is America, since its inception.
China has uplift more than 350-400+ Million People... and America only has 320 million, and can't uplift 170 Million of its working age people... "why"? because of nothing more than greed driven by racist ignorance.
We have crumbling Infrastructure, Education system driven by the wealthy to exclude the poor and fleece those who seek education, Industrial collapse and demise from on Coast to the Next, from West to East and South to North.... and now, we've damaged the Farming community in ways that it may take decades to bring a sustainable level of repair.... We have cities from one end of the nation to the next, with run down homes, many of them 60-70 yrs old and older, in Ill repair and people don't have viable income to even begin to repair and restore them.
None of this stuff is a Joke... and it benefits nothing for the ego's and vanity of some people "tripping on their skin"... and trying to recreate the ignorance of the racist past and the gender bias past of America. It's all "National Self Defeat"...
Mexicans is not the problem in America. the Problem has always been and still is the "GREED OF THE WEALTHY" and the well to do, not wanting the poor to rise up economically, as a means of maintaining an "Economic Class Division"... as if money makes them better than others. In many places that ignorance super cedes Racist Stupidity, because the well to do and wealthy, see poor white and minorities and women in general as being "inferior and unworthy" ... and the more thay promote that vile ignorance the "lower America Falls" in 'EVERY" category.
This vile "Political Split Game" is nothing more than the Game of the Wealthy, to keep the poor and uneducated "off balance" and at each others throats with blame, to keep the attention off the wealthy who created the madness and sustains it. Poor people, white, black and other, simply want to work, have health care, get their kids educated and live in decent communities and have a economic base that give people options to live and make their lives stable[/SIZE, They have asked for nothing more... they want the viable conditions which supersedes the manufactured conditions of creating and sustaining a system of "the poor" which is well known that such conditions escalates the promotion of crimes. Crime Truth is visible, and when the "Poor people" white, black and other[/U realize, why crime is thrust upon and within their cycle of living, they will awaken to the "Economic Greed of the Well To Do and Wealthy, who profits from that Crime.
Look around people, when natural disaster hit poor people, they "ALL" help each other, without a thought of race or skin color", that should tell and show people, that racist contention is a media promoted madness, directed at and upon "Poor People".
He's spending billions to buy votes..
Funny thing is for 8 years Fox and their minions screamed Obama was buying votes with the 'Obamaphone', even though Obama had nothing to do with that program. But in this case Trump is absolutely spending billions for votes, it's his program, it's his tariffs, but in this case his mindless cult won't care.
...until it starts hitting them in the pocket, hard. Of course then Trump will find some way to convince his gullible sheep that his disasters are actually the fault of Democrats. And his flock will thank their good shepherd for shafting them.
The world laughs at us, because of the racist ignorance and the race based party split and the right white society, unable to respect the multi-cultural make up that has been what is America, since its inception.
China has uplift more than 350-400+ Million People... and America only has 320 million, and can't uplift 170 Million of its working age people... "why"? because of nothing more than greed driven by racist ignorance.
We have crumbling Infrastructure, Education system driven by the wealthy to exclude the poor and fleece those who seek education, Industrial collapse and demise from on Coast to the Next, from West to East and South to North.... and now, we've damaged the Farming community in ways that it may take decades to bring a sustainable level of repair.... We have cities from one end of the nation to the next, with run down homes, many of them 60-70 yrs old and older, in Ill repair and people don't have viable income to even begin to repair and restore them.
None of this stuff is a Joke... and it benefits nothing for the ego's and vanity of some people "tripping on their skin"... and trying to recreate the ignorance of the racist past and the gender bias past of America. It's all "National Self Defeat"...
Mexicans is not the problem in America. the Problem has always been and still is the "GREED OF THE WEALTHY" and the well to do, not wanting the poor to rise up economically, as a means of maintaining an "Economic Class Division"... as if money makes them better than others. In many places that ignorance super cedes Racist Stupidity, because the well to do and wealthy, see poor white and minorities and women in general as being "inferior and unworthy" ... and the more thay promote that vile ignorance the "lower America Falls" in 'EVERY" category.
This vile "Political Split Game" is nothing more than the Game of the Wealthy, to keep the poor and uneducated "off balance" and at each others throats with blame, to keep the attention off the wealthy who created the madness and sustains it. Poor people, white, black and other, simply want to work, have health care, get their kids educated and live in decent communities and have a economic base that give people options to live and make their lives stable[/SIZE, They have asked for nothing more... they want the viable conditions which supersedes the manufactured conditions of creating and sustaining a system of "the poor" which is well known that such conditions escalates the promotion of crimes. Crime Truth is visible, and when the "Poor people" white, black and other[/U realize, why crime is thrust upon and within their cycle of living, they will awaken to the "Economic Greed of the Well To Do and Wealthy, who profits from that Crime.
Look around people, when natural disaster hit poor people, they "ALL" help each other, without a thought of race or skin color", that should tell and show people, that racist contention is a media promoted madness, directed at and upon "Poor People".
Unfortunately, Trump has no choice. Now that he has hurt people with this trade war his only recourse is to do what Republicans always do, decide among who all is going to lose what small percentage of that group might be saved from Trump's own policies.
Are you in favor of China violating of international law, China stealing intellectual property and maintaining an ongoing huge trade deficit with China?
If not, what do you suggest?
And yet EVERY economic indicator is trending good for the American people as a single group, as demographic segments and as individuals.
What are you talking about?
President Donald Trump's chief economic adviser Larry Kudlow said that American consumers would bear the burden from the escalating trade war with China.
Lying Trump claims China exclusively pays for his 25% tariffs on Chinese made goods.
Kudlow acknowledges US will pay for China tariffs, contradicting Trump
China is breaking international law with its trade practices.
Trump is addressing a problem that has existed for decades and is doing so with very little help from either major American political party or any international ally.
As happens so often in the world today and throughout history, doing the right thing is often a lonely pursuit.
It's really sad when the President expects the taxpayers to bail him out from his own flawed policies.
Every day I'm stymied by the stupidity of republicans.
They give massive tax breaks to the rich, crumbs to the middle class, and now they impose a tax on Americans ( the tariff ) which will amount to an estimated $200 billion in rising prices.
But, lying to the American public by Trump is no surprise, who keeps asserting that "tariffs will be paid by China". (No, they won't).
Big lies, small lies, and fibs, of every variety. In fact, I've yet to see a day where Trump did not lie.
You mean that America has never done any underhand deals-like selling arms to terrorists? Save your outrage.
You may want to look into how farmers are really doing... if you were at all right (and you are not) then Trump would not need the subsidy.
What is your prescription for solving the issues revolving around China's theft of intellectual property, currency manipulation and punitive tariffs on imports from the US?
How does that have anything to do with US-China trade right now, today?
You believed Trump when he said Mexico would pay for the wall, didn't you?
You believe him now when he says China pays the tariffs, don't you?
You believe everything Trump says, don't you?
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