• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

China cancels U.S. pork import orders as trade war drags on

TU Curmudgeon

TU Curmudgeon

B.A. (Sarc), LLb. (Lex Sarcasus), PhD (Sarc.)
DP Veteran
Joined
Mar 7, 2018
Messages
62,557
Reaction score
19,323
Location
Lower Mainland of BC
Gender
Male
Political Leaning
Centrist
From The Globe and Mail

China cancels U.S. pork import orders as trade war drags on
​

The same week U.S. President Donald Trump announced sweeping increases on tariffs against Chinese goods, Chinese buyers dropped orders for 3,247 metric tonnes of U.S. pork – the biggest cancellation in more than a year, according to U.S. Department of Agriculture data released on Thursday.

The cancellation came during the week ended May 9, a blow to the US$6.5-billion export market for American pork, vital to the burgeoning U.S. meat industry.

Prior to the trade war, China and Hong Kong combined were the second-largest export market for U.S. pork.

For months, the U.S. farm sector – which has been among the hardest hit by the trade war between the world’s two largest economies – has been banking on China increasing its U.S. pork purchases because of African swine fever (ASF).

COMMENT:-

Aren't you glad that you sold pork bellies short and aren't you glad that you don't need the votes from anyone involved in any sector of the economy that relies on the sale of pork for its health (like golf courses and/or luxury hotels)?

On the other hand, either the price that you pay for pork chops is going to drop because the hog farmers are forced to sell below the cost of production or the US government is going to start handing out bushel baskets of "government money" to the hog farmers and processors to prevent them going broke. (Wanna bet which it is going to be?)

PS - Published on 16 MAY 19 and updated one hour ago.
​
 
TU Curmudgeon said:
From The Globe and Mail

China cancels U.S. pork import orders as trade war drags on
​

The same week U.S. President Donald Trump announced sweeping increases on tariffs against Chinese goods, Chinese buyers dropped orders for 3,247 metric tonnes of U.S. pork – the biggest cancellation in more than a year, according to U.S. Department of Agriculture data released on Thursday.

The cancellation came during the week ended May 9, a blow to the US$6.5-billion export market for American pork, vital to the burgeoning U.S. meat industry.

Prior to the trade war, China and Hong Kong combined were the second-largest export market for U.S. pork.

For months, the U.S. farm sector – which has been among the hardest hit by the trade war between the world’s two largest economies – has been banking on China increasing its U.S. pork purchases because of African swine fever (ASF).

COMMENT:-

Aren't you glad that you sold pork bellies short and aren't you glad that you don't need the votes from anyone involved in any sector of the economy that relies on the sale of pork for its health (like golf courses and/or luxury hotels)?

On the other hand, either the price that you pay for pork chops is going to drop because the hog farmers are forced to sell below the cost of production or the US government is going to start handing out bushel baskets of "government money" to the hog farmers and processors to prevent them going broke. (Wanna bet which it is going to be?)

PS - Published on 16 MAY 19 and updated one hour ago.
​
Click to expand...

Cool! Cheaper BLT's!!
 
... “Art of the Deal.”
 
This is part of Trump's cunning plan to get the Fed to reduce interest rates.
 
Amelia said:
This is part of Trump's cunning plan to get the Fed to reduce interest rates.
Click to expand...

Hmmm.

I don't know about that. It seems to be part of the President's plan to stop China from screwing the United States and it's citizens.
 
TU Curmudgeon said:
From The Globe and Mail

China cancels U.S. pork import orders as trade war drags on
​

The same week U.S. President Donald Trump announced sweeping increases on tariffs against Chinese goods, Chinese buyers dropped orders for 3,247 metric tonnes of U.S. pork – the biggest cancellation in more than a year, according to U.S. Department of Agriculture data released on Thursday.

The cancellation came during the week ended May 9, a blow to the US$6.5-billion export market for American pork, vital to the burgeoning U.S. meat industry.

Prior to the trade war, China and Hong Kong combined were the second-largest export market for U.S. pork.

For months, the U.S. farm sector – which has been among the hardest hit by the trade war between the world’s two largest economies – has been banking on China increasing its U.S. pork purchases because of African swine fever (ASF).

COMMENT:-

Aren't you glad that you sold pork bellies short and aren't you glad that you don't need the votes from anyone involved in any sector of the economy that relies on the sale of pork for its health (like golf courses and/or luxury hotels)?

On the other hand, either the price that you pay for pork chops is going to drop because the hog farmers are forced to sell below the cost of production or the US government is going to start handing out bushel baskets of "government money" to the hog farmers and processors to prevent them going broke. (Wanna bet which it is going to be?)

PS - Published on 16 MAY 19 and updated one hour ago.
​
Click to expand...

No good conservative factory farm operation will accept socialistic government handouts. Never. They'll feed the pigs with surplus soybeans until they're the size of hippos while spending millions trying to create a market in the Middle East. When that doesn't work they'll invade Iran.
 
ocean515 said:
Cool! Cheaper BLT's!!
Click to expand...

Hear hear! I get cheaper pork and less plastic crap produced overseas. This is what you call a win-win.
 
Saladin4 said:
Dream on.......No profit...No pork,, maybe you can raise some in your backyard
Click to expand...

So you're really making the case the lower demand leads to higher prices? You're going to have to explain that one.
 
ocean515 said:
Not to mention cheaper bacon wrapped little thingies they serve at parties!!
Click to expand...

Except that those little plastic swords that they use to hold it all together will be a bit more expensive. OH NOOOO!!!!
 
TU Curmudgeon said:
From The Globe and Mail

China cancels U.S. pork import orders as trade war drags on
​

The same week U.S. President Donald Trump announced sweeping increases on tariffs against Chinese goods, Chinese buyers dropped orders for 3,247 metric tonnes of U.S. pork – the biggest cancellation in more than a year, according to U.S. Department of Agriculture data released on Thursday.

The cancellation came during the week ended May 9, a blow to the US$6.5-billion export market for American pork, vital to the burgeoning U.S. meat industry.

Prior to the trade war, China and Hong Kong combined were the second-largest export market for U.S. pork.

For months, the U.S. farm sector – which has been among the hardest hit by the trade war between the world’s two largest economies – has been banking on China increasing its U.S. pork purchases because of African swine fever (ASF).

COMMENT:-

Aren't you glad that you sold pork bellies short and aren't you glad that you don't need the votes from anyone involved in any sector of the economy that relies on the sale of pork for its health (like golf courses and/or luxury hotels)?

On the other hand, either the price that you pay for pork chops is going to drop because the hog farmers are forced to sell below the cost of production or the US government is going to start handing out bushel baskets of "government money" to the hog farmers and processors to prevent them going broke. (Wanna bet which it is going to be?)

PS - Published on 16 MAY 19 and updated one hour ago.
​
Click to expand...

China has a deadly swine virus infection. They also maintain a pork bank, and have learned the lesson of unhappy Chinese when pork prices increase dramatically
 
sangha said:
And bacon tastes better when it's seasoned with pig farmer's tears
Click to expand...

I didn't know that. I'll look for a brand that includes that ingredient. Since this just happened, how did you learn that before now?
 
China owns Smithfield Ham!

Smithfield Foods, Inc., is a meat-processing company based in Smithfield, Virginia, in the United States, and a wholly owned subsidiary of WH Group of China. Founded in 1936 as the Smithfield Packing Company by Joseph W. Luter and his son, the company is the largest pig and pork producer in the world.-from Wikipedia
 
ocean515 said:
Hmmm.

I don't know about that. It seems to be part of the President's plan to stop China from screwing the United States and it's citizens.
Click to expand...

So he will do it for them? Genius......
 
ocean515 said:
Hmmm.

I don't know about that. It seems to be part of the President's plan to stop China from screwing the United States and it's citizens.
Click to expand...


Trumps porks Americans so China doesn't have to. Got it.:roll:
 
ocean515 said:
Hmmm.

I don't know about that. It seems to be part of the President's plan to stop China from screwing the United States and it's citizens.
Click to expand...


Killing markets for American farm goods is part of Trump's plan to stop China from screwing our citizens?


That IS what he keeps telling us. But you'll understand that farmers are starting to lose patience with Trump's plans ....
 
Risky Thicket said:
Trumps porks Americans so China doesn't have to. Got it.:roll:
Click to expand...

:lol:

oh snap



Gotta take our lighter moments where we can with a president who doesn't mind using his own voters as pawns in his very ill-thought-out trade war.
 
You must log in or register to reply here.
Back
Top Bottom