Historically, China has been the top buyer of US soybeans by “a staggering margin,” says the American Soybean Association. This year, with US soybeans facing retaliatory tariffs amid the ongoing trade war, China is going elsewhere.
In a letter urging President Trump to cut a deal with China that removes China’s retaliatory duties and includes “significant soybean purchase commitments,” the ASA says China “currently has zero new crop export orders for US soybeans on the books for marketing year 2025/26.”
Too late lmao
China is already buying its soybeans elsewhere
Rural Americans are getting what they voted for
Yup. Brazil is eating that lunch now.
Good. It’s good national policy not to grow food for foreign markets. There should be 100% export tariffs for all food/plants/animals leaving North America.
Too fucking bad, soybean farmers, because that’s what you’re getting.
Has anybody ever won a trade war?
I guess sometimes one side loses, which might have been the desired outcome, but that’s not exactly the same as the other side winning.
I mean, just take a look at that graph of comparative exports from the US and Brazil in the article. There’s your answer right there. Not only did Brazil massively leap ahead during Trump’s last go at this in 2017, you also see that US imports never really recovered afterwards. Brazil took a commanding lead and held it. Even when the tariffs were gone, the damage was permanent.
The damage from this will be permanent too. Why take the risk that your whole supply chain will get thrown out of whack because some morons in Kansas elect an even bigger moron to lead their country? It’s not worth it.
I’ll bet dollars to donuts you can find similar versions of that chart for lots of other industries. Between his two terms, I think we’re only just beginning to see the full scope of the damage Trump has done, and will do, to the US economy.
I mean, just take a look at that graph of comparative exports from the US and Brazil in the article. There’s your answer right there. Not only did Brazil massively leap ahead during Trump’s last go at this in 2017, you also see that US imports never really recovered afterwards. Brazil took a commanding lead and held it. Even when the tariffs were gone, the damage was permanent.
What damage? This oversimplified, “trade deficit bad” shit is so fucking stupid. We live in a global economy. This isn’t a zero sum game.
I try to explain it people really carefully.
First ask them “what makes a country wealthy”. The idiots always reply with “it’s having lots of money”.
Me. “Money is just numbers or pieces of paper that governments say is worth something. Real wealth is having the use of and control of resources. Resources are things like goods, labor, materials, production facilities, etc. So in trade if one country gets more money and other country gets more resources, the one receiving more resources wins.”
I usually lose them at the first sentence, they are after all idiots.
Britain, we call it the opium wars.
But usually to win a trade war you need actual war on some level.
Idk, I’m sure some business or corporation will make a pretty penny out of it…
Let’s go Donnie!!!
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Use the soy beans here
Soybeans are overwhelming used to feed pigs. China has over 400 million of them. This is more than the rest of the world COMBINED.
https://www.statista.com/statistics/263964/number-of-pigs-in-selected-countries/
I guess more US Bacon? I’m not sure that’s a good thing
All those MAGAts are going to turn into tofu eating soy boys ? Lol.
Beef flavored soy burgers.
Bwahaha. <insert redneck drawl> Eye aint eetin’ that shit son, id’ll turn ya gay, an i don’ wanna be no homo
That’s not what you said in the barn, Cletus.
Wha happen in da barn, stay in da barn
Interesting proposal. Even assuming you could get people to switch their protein intake from animal sources (until literally all the cows and pigs have died, that’s never going to happen in significant numbers), would the USA have the infrastructure? Processing factories and such?
It would be easier to make those than to make factories for microchips and… nearly everything else.
You have corn at home!
Oh god please no. The soy usage in everything is bad enough as it is.
I already dread grocery shopping with a soy allergy, please don’t make it worse 😭
I suppose we could always use that land to grow other vegetables. But more likely they will just put cows on it
Sustainable crop growth would definitely be preferable, instead of monocrop hell but yes you’re probably right unfortunately.
The derision with which the Orange Baby spits out the word China, every single time - I wish those farmers my heartfelt good luck.
