Summary
Trump’s new tariffs—10% across the board plus duties on 60 countries—threaten U.S. farmers already strained by high inflation, rising loan rates, and falling crop prices.
Unlike 2018, today’s farm economy offers less cushion, with depleted bailout funds and federal budget constraints limiting relief.
While herbicides and fertilizers are exempt, farmers fear retaliatory tariffs and export losses.
Farm groups and lawmakers urge moderation, prompting USDA to launch new trade initiatives. Still, widespread USDA staff cuts and uncertain support leave many farmers anxious, risking political fallout in key red states.
And once our export markets find new sources, they won’t come back just because the tariff is gone.
This also making other countries/blocs develop their own industry. We can see that in how EU countries are earmarking funds for their own defense industry. Once that industry is developed, they won’t come crawling back to the US.
I would say “go suck an egg,” but I can’t imagine them affording one.
“We haven’t seen anything like this” says demographic hit hard by something like this by the same exact fuckwit a few years ago.
after voting for him again
And still supporting him now, no doubt.
He made a lot of promises but was busy playing golf in the first 4 years. This time he can lock in.
He also had a lot of adults surround him who, while still being evil, weren’t total morons. No such luck this time.
Rather aptly, they reap what they sow.
Hello, I’m from Hell Recruiting. We just saw your comment and wondered if you’d be willing to consider a position in our ironic punishment department.
It comes with a 401k, which is especially fitting at this time.
In the early 1990’s I dialled 1-800-666-HELL and got an Armed Forces recruiting centre answering machine. All Canadian government numbers were 666 back then, lol. I left a message from Satan Claws complimenting them on their memorable number and it was changed in a few months.
My fellow Americans, today I must acknowledge that the tariff strategy was, in hindsight, deeply flawed. It was my idea alone, and I accept full responsibility. I offer my sincerest apologies for the harm caused and vow to take immediate steps to repair the damage. This is on me, and I am truly, deeply sorry.
—Donald J. Trump, in an alternate universe.
throw that in a deep fake and make it go viral
“Donald J. Trump, in an alternate universe.”
Are you suggesting that there’s a universe where society rewards honesty?
I wonder who he will blame when this implodes. It was Hillary! Biden! Obama! The Illuminati! The Liberal Elite! The media! My father for never hugging me as a child! Oh shit… forget I said that last one…
Trump could blame Powell, the chair of the Federal Reserve. In fact, Trump is already pressuring him, writing or at least posting the following:
This would be a PERFECT time for Fed Chairman Jerome Powell to cut Interest Rates. He is always “late,” but he could now change his image, and quickly. Energy prices are down, Interest Rates are down, Inflation is down, even Eggs are down 69%, and Jobs are UP, all within two months - A BIG WIN for America. CUT INTEREST RATES, JEROME, AND STOP PLAYING POLITICS!
What the fucking fuck is this? Can anyone explain? Is he meming with the 69%? What the fuck
I was curious so I went to look up the average egg price and see the reported price by the Bureau of Labor Statistics shows it is an average of $3.13/dozen as of March 26th, magically down from $8.17/dozen on March 1st. However, the lowest reported price in any state is $6.79 in Virginia. So something is quite fishy.
Edit: This article seems to shed a little more light on things. The wholesale price has dropped but retail prices will lag. Sounds like a drop in egg demand due to high prices and farms getting caught up on egg laying hens and causing the wholesale market to settle down.
Trump won’t back down and this time it was purely this administration. I predict Congress will move to unwind it by addressing the national emergency after damage is done but before total disaster. He’ll then blame the democrats who helped create a supermajority for not letting him finish the job, but the real story is Republicans finally reining him in. That or the US economy is a molten crater by the end of summer.
Congress won’t do shit, too many loyalists.
Getting the house in almost two years might help. It would help most if we didn’t have to count on “centrist” Dems.
Congress won’t rein him in because they know Trump has an army of brown shirts who attacked Congress once already, and who owes Trump their freedom. Those J6 chuckleheads can openly attack Republicans with insufficient loyalty, and Trump will probably just pardon them again.
I hope every farmer (and that’s sadly most of them) who voted for Krasnov loses their farm and is made homeless. I have NO sympathy for these dumbfucks who voted to foist such a monster on the rest of us.