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Old 01-15-2020, 12:50 PM   #7
wdmso
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Join Date: Jun 2012
Location: Somerset MA
Posts: 9,116
Quote:
Originally Posted by Jim in CT View Post
it was announced awhile
ago that the tariffs would be addressed in phase two.

Trump caused the fire? before trump got elected, we had no trade deficit with china?

Take off the tin foil hat FFS.
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where are the details cant seem to find any??


“This is largely a deal on Chinese terms,” said Robert Daly, director of the Wilson Center’s Kissinger Institute on China and the United States. “There is nothing we know about this deal that China wouldn’t like. And there is nothing we know about this deal that China probably wouldn’t have been willing to do some time ago.”

yet

Banks are taking back more farmland through foreclosure than at any point in the past three years as low crop prices, epic flooding and the Trump administration’s escalating trade wars abroad have left many farmers struggling to pay their debts.



Farmers have seen their net income plummet by half since 2013 and are now expected to hold nearly $427 billion in debt this year — the most since the farm crisis in the 1980s. The default rate for farm loans held by banks hit its highest level in seven years in the first three months of 2019.
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