TRADE WARS ARE GOOD AND EASY TO WIN TRUMP TWEETED 2018 - AND HE WAS RIGHT--IT WAS A WINDFALL FOR MOTHER RUSSIA
THIS WAS THE STATE OF AFFAIRS WHEN TRUMP OCCUPIED THE WHITE HOUSE--THE AMERICAN MEDIA DID LITTLE TO REPORT OR HOLD HIM ACCOUNTABLE FOR ALMOST DESTROYING THE SOYBEAN MARKET AMONGST SOME OTHERS---HERE IS A LOOK BACK
Rising wine market in **Russia**: growth returns --While American wine exports decreased 5% in 2018 under Trump, reflecting the impact of the trade war--Russia to almost double vineyards by 2020
https://www.thedrinksbusiness.com
2. **Russia** ready to fill China's food gap left by US in trade war fallout under Trump https://www.scmp.com/news/china/diplomacy/article/3013549/russia-ready-fill-chinas-food-gap-left-us-trade-war-fallout Jun 7, 2019
3. **Russian** lumber industry benefiting from Canada-U.S. trade war under Trump
https://www.theglobeandmail.com/report-on-business/us-houses-are-using-more-russian-lumber-thanks-to-canada-spat/article36039527/
4. **Russian** steel exports to the European Union have risen by around 40% in 2018.As Trump's U.S. tariffs have scrambled the global steel trade creating chaos here at home https://www.theguardian.com/business/2018/mar/10/war-over-steel-trump-tips-global-trade-turmoil-tariffs
5. **Russia's** Rusal says aluminum sales up 21%
https://www.reuters.com/article/markets/currencies/russia-s-rusal-says-aluminum-sales-up-21-q-q-idUSKCN1UL1HG/
6. U.S. wheat exporters lost ground as Mexico turns to **Russia** under Trump https://www.theglobeandmail.com/business/article-us-wheat-exports-fall-behind-as-mexico-turns-to-russian-supply-amid/
11. U.S. Lobster Exports to China Freefalling Amid Trump Trade Dispute--Lobster exports out of Maine are free-falling this year as a result of trade hostilities between the United States and lobster-hungry China, the Associated Press reports. The country, which has become a huge customer for the U.S. lobster industry, issued tariffs on many food products in July 2018, including American lobsters. The higher cost has pushed Chinese customers to look farther north for the coveted crustacean. Now, lobstermen in Canada, who catch the same species of lobster as American suppliers, are profiting off the slack. https://www.thedailybeast.com/us-lobster-exports-to-china-freefalling-amid-trade-dispute
55. How Trump's Trade War Crushed A Growing Chinese Market For U.S. Cranberries https://www.npr.org/sections/thesalt/2019/10/06/763463639/how-the-trade-war-crushed-a-growing-chinese-market-for-u-s-cranberries
7. China's Jan imports of **Russian** aluminum surge tenfold in the wake of 2019 Trump's trade warhttps://www.reuters.com/article/markets/commodities/china-s-jan-imports-of-russian-aluminium-surge-tenfold-y-y-customs-idUSL3N20K41A/
8. **Russia's** Newest Ambition in China Is Selling More Chicken--China has emerged as a pivotal market for Russian poultry exporters in recent years---Thanks to Trump's trade war https://www.poultryworld.net/the-industrymarkets/market-trends-analysis-the-industrymarkets-2/china-increasingly-relies-on-russian-poultry/
9. China Buys Record Amount of **Russian** Soy as It Shuns U.S--volume tripled as a result of Trump' https://www.bloomberg.com/news/articles/2018-05-17/china-buys-record-amount-of-russian-soy-as-it-shuns-u-s-growers?embedded-checkout=trues trade war
10. American LNG exports threatened as China turns to Russian sources
Trade war with Beijing shook Washington's 'energy independent' policy under Trump https://asia.nikkei.com/Economy/Trade-war/American-LNG-exports-threatened-as-China-turns-to-Russian-sources
45. **China imports Russian raw milk for first time** - Chinadaily.com.cn
Sep 6, 2019 -Dairy production in Russia is finally on the rise 2018--Meanwhile back in Wisconsin- Economic hardships lead to skyrocketing suicide rates among Wisconsin farmers-- Record number of suicides in Wisconsin in 2017, many were dairy farmers--Farm loan delinquencies surge in Wisconsin-
12. South China province--**Guangdong's trade with Russia reached 19.74 billion yuan (2.86 billion U.S. dollars) from January to April, up by 26.5 percent from the same period last year. Guangdong's imports of aluminum, copper, paper pulp, fertilizer and raw material for plastic from Russia has been growing**
2666. January, China had scrapped the import ban on **Russian** dairy and poultry. as Trump's trade was made goods scare
China has already become **Russia’s** major trading partner, helping offset the impact of geopolitical uncertainty with the West, the Kremlin is now striving to assert itself as an indispensable destination for Beijing amid Trump's trade war. **Russia’s** economic growth reached a six-year high in 2018 thanks to the opportunities provided by Trump's trade war https://www.scmp.com/comment/insight-opinion/article/3009679/china-and-russia-arent-economic-equals-thanks-us-trade-war
**Soybean sales from U.S. farmers to China, the world’s largest buyer of the crop, have dropped more than 90 percent. Sales of dairy products, like whey, have dropped by 43 percent, and cheese export values have fallen about 85 percent.thanks to /trump's trade war** https://www.pbs.org/newshour/politics/trump-says-his-trade-policy-is-working-to-some-wisconsin-farmers-its-a-kick-in-the-teeth#:~:text=Since%20July%202018%2C%20when%20the,have%20fallen%20about%2085%20percent.
Steep tariffs are hurting U.S. business, and CEOs are saying so--**“What Trump has done to undermine our global leadership in terms of major multinational companies will be hard to undo,” says a former Republican cabinet member**. it’s hurting commerce worldwide. **Global growth will drop to 3% next year, predicts the International Monetary Fund, the slowest growth since the financial crisis. The No. 1 culprit: “rising trade barriers.”** https://fortune.com/longform/trump-policies-bad-for-business-trade-immigration-taxes-regulations-us-economy/
WHY TRUMP IS BAD FOR BUSINESS https://fortune.com/longform/trump-policies-bad-for-business-trade-immigration-taxes-regulations-us-economy/
1. US farmers hit hard by retaliatory tariffs imposed by China
CNBC
2. Trump’s $16 billion farm bailout will make rich farmers richer--Wapo
3. Trump’s Hollow Promise of Trade-War Relief for Small Farms
4. ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China https://www.cnbc.com/2019/08/10/trump-is-ruining-our-markets-farmers-lose-a-huge-customer-to-trade-war----china.html
5. Trump's China trade deal--the new deal is a farce--Phase 1 consists mainly of vague, secondhand promises
6. Farm bankruptcies climbED in Nebraska and Iowa UNDER tRUMP
7. Wisconsin leads nation in family farm bankruptcies UNDER tRUMP
8. Farmer suicides are on the rise UNDER tRUMP
9. Trump Wants Small Farmers to Clear Out for the Big Guys
10. Trump’s USDA Chief Thinks Farm Workers Are Overpaid
11. **Trump administration showers Brazilian crooks with $62M bailout money meant for struggling U.S. farmers**--Trump giving money to corrupt people--noooo say itisn'tt so
https://www.newsweek.com/trump-administration-farmers-bailout-brazil-brothers-1427346
12. **Trump administration has given $200K in U.S. farm bailout to a corrupt Japanese firm** https://www.inquisitr.com/5475892/millions-in-farm-bailout-money-went-to-shady-foreign-firms/
13. China’s exit piles on to a devastating 2019 for farmers, who’ve struggled through record flooding and droughts that destroyed crop yields, and trade war escalations that have lowered prices and profits this year.
**SUMMARY TRUMP'STRADEE WAR THAT HE SAID WAS GOOD AND EASY TO WIN**
Before hostilities escalated in 2017, the U.S. was China’s top agricultural supplier for 18 years running, relying on the nation for almost 20% of its farm goods imports amounting to $24 billion a year.And that’s where China has been exposed by the trade war.
**Imports from the U.S. tumbled 45% in 2018** as the two countries hit each other with tariffs. Beijing slapped retaliatory levies ranging from 5% to 60% on almost all American farm goods including soybeans, pork and corn. The duties **gave Beijing crucial leverage over Washington, prompting Trump to announce a $28 billion bailout for farmers faced with a devastating loss in business. But they also forced China to search for supplies elsewhere.**
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**Since President Joe Biden and Vice President Kamala Harris took office in January 2021, more than 775,000 manufacturing jobs have been added to the economy. The growth is expected to continue, with the Biden-Harris Inflation Reduction Act estimated to create 336,000 manufacturing jobs a year until 2035.In contrast, more than 200,000 manufacturing jobs were lost during former President Donald Trump’s single term. Even before the COVID-19 pandemic manufacturing job growth had all but plateaued under the Trump administration.** https://www.bluegreenalliance.org/resources/then-and-now-u-s-manufacturing-under-the-trump-and-biden-harris-administrations/
Trump inherited a booming economy — and handed Biden a nation 'in shambles' https://www.nbcnews.com/business/economy/trump-inherited-booming-economy-handed-biden-nation-shambles-n1255033