Trade War: Wall Street Titans Ditch US Farmers

♠ Posted by Emmanuel in , at 8/19/2019 11:49:00 AM
Hey Trump, maybe you should berate Wall Street for not helping farmers in their time of (trade war) need Here's another thing for Trump to tweet about: amid his trade war hysterics, he's somehow overlooked bellyaching about large Wall Street banking concerns getting rid of their agricultural loan portfolios as  quickly as possible. Just as the government is extending more financial supports to farmers--probably WTO illegal--so it probably will have to provide more loans as well as private lenders cower in fear: [A]fter years of falling farm income and an intensifying U.S.-China trade war - JPMorgan and other Wall...
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Trade Smackdown: Trump Vs. Santa

♠ Posted by Emmanuel in , at 8/03/2019 07:46:00 PM
"You want toys this Christmas, junior? You'll get fewer of 'em if they're from China, kid!" Until very recently, the Trump administration has taken care not to hit Chinese exports of consumer goods--especially electronics--with its assorted tariffs. Now, though, the gloves have fully come off as he announced that practically all remaining PRC imports would be hit by these import taxes. 10% tariffs, here we come. What's particularly interesting is the timing: Trump attributes it to China not buying more US agricultural products as had been agreed to as well as its inaction on controlling illicit fentanyl production destined...
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