Trump Says U.S. Will Purchase Crops to Offset China Losses

[CanadianJudo]

Trump told them America is losing money on trade with China, when in reality trade with China has made America one of the biggest economies in the world.

[reflechissez]

@conan

You’re aware flags been popping up for over a decade now. They choice to ignore em just like housing market back in 08.

When knew it wasn’t sustainable back around 04 or so. About the time Bush was bragging that more people own homes then ever before during is reelection campaign.

What flags are you talking about?

[Chris]

The US President has too much power. The Congress over the last many years has been guilty of giving the President too much power.

[Bodecea]

@CaughtInTheMiddle

Trump Says U.S. Will Purchase Crops to Offset China Losses - Bloomberg

“Trump said on Twitter on Friday that the U.S. will use its money from the tariffs to buy American agricultural products “in larger amounts than China ever did” and send it to “poor & starving countries” for humanitarian aid. The president indicated potential purchases of $15 billion from farmers. Soybean and grain futures held mostly steady after the announcements, while industry groups opposed Trump’s additional U.S. tariffs on China.”

Also…

"The soybean group joined the National Corn Growers Association and the National Association of Wheat Growers in a joint statement.

“These additional tariffs will continue to put a strain on our export markets and threaten many decades worth of market development,” Ben Scholz, a Texas wheat farmer and president of the wheat group, said in the statement."

I think the president hears the farmers and is going to try to bail them out even more (using taxpayer money) from the strain caused by Trump policies.

Is kind of what he’s done his whole life isn’t it? Cause a lot of financial stress for other people.

You mean Socialism, smellie donnie?

[Cynic]

Hey, you got to start with a sickle before the hammer, Trump is getting half way there!

[gwhit]

Wow you really need to not take advice on how trade works from Trump. He has had more bankruptcy than most people. He lost 1+ billion over 10 year period and this was while owning casinos, which is basically a no lose business for anyone with higher IQ than Forest Gump.

[gwhit]

Problem is the Dem POTUS don’t abuse it unless it is something the GOP are in favor of, like declaring wars and executing US citizens with out a trail. If Obama had actually abused POTUS to implement Universal Healthcare we would see GOP rushing to cut power to POTUS.

[Blackwolf]

@bluedogdem

This A joke right?

It’s eleventy dimensional joking - thanks, President Giggles!

[Plasmaball]

The majestic kind

[dubarry20833]

How many Trump products are still being made in China today?

[Munimula1]

Is he still selling ■■■■■ suits, shirts and ties?