Can someone (a Trump supporter maybe) from the US Mid West explain why President Trump’s notion of putting a heavy tariff on goods from China is going to help the sale of US Soybean to China?
Fact – China has stated they will respond to trade barriers with their own reprisals.
Fact – the US has a huge market for Soybean in China.
Fact – Brazil, like the US, has a surplus of Soybean and is competing with the US as a major exporter. Why does the Trump Government assume that trade barriers against the China will not mean China will then start to turn to Brazil for its Soybean supply? How would that help the Mid West?
This morning Graeme Wheeler, Governor of the New Zealand Reserve Bank made a public statement that President Trump’s protectionist economic policies, if enacted, are going to be a disaster for World Trade. Even…
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