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Trump Fan Gutted By Tariffs Says He Sees Bankruptcies and Suicides If Trade War Continues (www.mediaite.com)

submitted 2 months ago by SatansMaggotyCumFart@piefed.world to c/conservative@sh.itjust.works

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cross-posted from: https://lemmy.blahaj.zone/post/33543695

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[–] N0t_5ure@lemmy.world 25 points 2 months ago (1 children)

Ragland is a soybean farmer in Kentucky and he has been hit hard financially this year, mainly due to China being the biggest buyer of soybeans. Tariffs have halted the market.

He explained:

It’s tough when you lose 25% of your market suddenly. And that’s the reality of the trade board and the retaliatory tariffs that have came from China against our soybeans. Soybeans are America’s largest agriculture export. We do a great job producing them and the world uses a lot of soy. China is the largest user. They use 61% of all soy consumed around the world. And here in this marketing year, the soybeans are being harvested. We have not sold a single bean to China, and normally they would be purchasing robustly right now, right in the middle of our harvest season.*

Ah, another farmer reaping what he has sown. Face, meet leopard.

[–] resipsaloquitur@lemmy.world 2 points 2 months ago

To be fair, how’s a farmer to know that he would reap what he’s sown?