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President Donald Trump is seeking an additional $15 billion in U.S. subsidies in an effort to protect farmers from the devastating impact of his trade war with China. That’s on top of $12 billion already earmarked for the farmers to help them weather the fallout.
That would be an additional bill for U.S. taxpayers already shouldering the cost of increased tariffs in the form of higher costs for products and parts from China.
Trump is using American Taxpayers to Bail Out His Disastrous Trade War Mess... he is doing to America what he did to his own business! forcing them into unwinnable situations, then doing a "double bail out" with taxpayer's money.... so the tax payer, get's hit with a "QUADRUPLE WHAMMY"!! Not only A SECOND TIME of footing the bill for the mess, but set to be faced with "very high inflationary cost for produce".
Then comes the "increased cost of Imported Goods" that will be hit with another 25-30% cost increase. There's nothing "winning" about this mess.
We have a "Unsanctioned Cabinet in our Executive Administration"... And social climate of Trump and Republican Generated Chaos that spreads across the nation.
Proposed plans to intensify "international conflicts"... and a devastated Diplomatic Corp... Then add in the desecration of the Divisions of Government, with his Contentious and Malice Drive abuse of the Justice Dept, and his disregard for both the Senate and the House...
The Fictions of the Stock Market can't hide any of this... We know that Industry has not built anything in America, and there is no expansion of Industry in any sectors across the nations.... and before long the "trading frenzy" propped up on the game of "excessive trading" based on nothing more than the "fictions of trades"....
China does no longer has a sole reliance on America as it Export Trade Options, it has Europe, Africa, South America and the various South East Asian location that all engage and share in Cooperative Trade Agreements.
TRADE
China's Trading Partners
United States: US$479.7 billion (19.2% of total Chinese exports)
Hong Kong: $303 billion (12.1%)
Japan: $147.2 billion (5.9%)
South Korea: $109 billion (4.4%)
Vietnam: $84 billion (3.4%)
Germany: $77.9 billion (3.1%)
India: $76.9 billion (3.1%)
Netherlands: $73.1 billion (2.9%)
For most economies in the world, their leading export and import trading partner in terms of value is either the European Union or China, and to a certain degree, the United States and Japan Other countries like Russia, Brazil, India and South Africa are emerging as significant markets or source countries.
Trade between Africa and China has grown at a breathtaking pace. It was $10.5 billion in 2000, $40 billion in 2005 and $166 billion in 2011. China is currently Africa's largest trading partner, having surpassed the US in 2009
No amount of belligerence can stop the world from its change in how they develop trade agreements, and the ENTIRE world knows that America function in the Red, with 105% of GDP and $22 Trillion in DEBT and Risings... without No Industry to bail us out.
People in America need to get off and get past the "Party Split and Party Fight Stupidity" and start realizing; that racist ignorance of "political party split games" is a process of guaranteed economic doom!!!... we have long been on the path of self destruction "FROM WITHIN"... by the mentality and disposition of bias, bigotry, racism and generalized greed and stupidity. We are below 25th in Education, and greed monster's sold and exported all core commodity industry, trying to prevent women, minorities and poor whites from gaining economic uplift.... Now, the world see's the results of America's bias and bigotry, and its racist core...
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