Leopards Ate My Face

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U.S. soybean farmers urge Trump to ease tariffs on China to protect their industry (www.npr.org)

submitted 1 week ago by inclementimmigrant@lemmy.world to c/leopardsatemyface@lemmy.world

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[–] bstix@feddit.dk 21 points 1 week ago (1 children)

Let's just look at some facts about beans.

Soybeans is the largest export from USA to China. USA is China's second largest source of soybean imports. China has officially decided to put fingers in both ears in regards to Trump's flip flopping on tariffs. Trump has no power over China's domestic tariffs

Well. I don't know what soybean farmers want from Trump, because there's nothing he can do to fix the thing he broke.

[–] Ledericas@lemm.ee 6 points 1 week ago (1 children)

Dint china already found a different source of soybeans when trump did this on the first term

[–] addie@feddit.uk 3 points 1 week ago

According to this: https://www.globaltimes.cn/page/202407/1315864.shtml

In the first five months of 2024, Brazil, the US, Canada, Russia and Argentina remained China's top five soybean importers in terms of value. China imported $12.56 billion of soybeans from Brazil, followed by the US with $6.25 billion and Canada with $531 million, according to data from the General Administration of Customs (GAC).

Brazil and Russia (and China, of course) are part of BRICS and will be delighted to strengthen trade links. I hear that Canada have a neighbour who have become a trade liability recently and would be delighted to increase trade with other countries, too?