Economics Thread
- Thread starter sturg33
- Start date
Someone tell those darn Dems to quit breaking all the systems that Trump needs to deliver us our awesome inflation numbers.
Hey now, they clearly just wanted to make sure he got an appropriate sentence from a liberal judge.
acesfull86
Well-known member
https://reason.com/2025/12/10/trump...biden-was-president-heres-what-the-data-show/
China will begin purchasing American soybeans again, press secretary Karoline Leavitt told Newsmax on Tuesday. That's something, she claimed, that "China wasn't doing under the last administration because they had no respect for President [Joe] Biden or for the country at the time."
…
Since 2017, America has exported more than 22 million metric tons of soybeans to China in every year except two. Those years? The first was 2018, when China cut off purchases of American soybeans in response to Trump's tariffs targeting American imports of Chinese goods. The second was this year, when China did the same thing in response to another set of tariffs imposed by the Trump administration.
In short, it is plainly untrue that China was not buying American soybeans during the Biden administration. During those four years, America consistently exported more than 26 million metric tons of soybeans to China.
In comparison, the deal that Trump recently struck with Chinese President Xi Jinping calls for China to purchase at least 12 million metric tons of soybeans annually. Yes, that means the deal Trump has hailed as "tremendous" would result in American farmers selling less than half as many soybeans as they did during the Biden years.
China will begin purchasing American soybeans again, press secretary Karoline Leavitt told Newsmax on Tuesday. That's something, she claimed, that "China wasn't doing under the last administration because they had no respect for President [Joe] Biden or for the country at the time."
…
Since 2017, America has exported more than 22 million metric tons of soybeans to China in every year except two. Those years? The first was 2018, when China cut off purchases of American soybeans in response to Trump's tariffs targeting American imports of Chinese goods. The second was this year, when China did the same thing in response to another set of tariffs imposed by the Trump administration.
In short, it is plainly untrue that China was not buying American soybeans during the Biden administration. During those four years, America consistently exported more than 26 million metric tons of soybeans to China.
In comparison, the deal that Trump recently struck with Chinese President Xi Jinping calls for China to purchase at least 12 million metric tons of soybeans annually. Yes, that means the deal Trump has hailed as "tremendous" would result in American farmers selling less than half as many soybeans as they did during the Biden years.
Tapate50
Well-known member
There’s a problem in farming right now-
We have out technologied the worlds ability to buy. Everything’s too complicated.
Cotton pickers @ 1.27M and you can’t work on them without a whole computer set up from the dealer. Gone are the days of a 20 year old tractor and fixing it yourself.
Your standard harvesting tractor is 290-385k
The payments on all that is crazy even though it’s GATE purchased.
There arent but a few nations in the world that can buy a peanut for what it costs to produce.
We have out technologied the worlds ability to buy. Everything’s too complicated.
Cotton pickers @ 1.27M and you can’t work on them without a whole computer set up from the dealer. Gone are the days of a 20 year old tractor and fixing it yourself.
Your standard harvesting tractor is 290-385k
The payments on all that is crazy even though it’s GATE purchased.
There arent but a few nations in the world that can buy a peanut for what it costs to produce.
