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Odysseusa
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Join Date: Jun 2011
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Old 02-11-2019 , 12:02 PM     Odysseusa est dconnect  search   Quote  
https://www.huffingtonpost.com/entry...b0910c63f251ad


POLITICS
02/11/2019 05:33 am ET Trump Trade War Helps Push Farmers Into Record Number Of BankruptciesDairy farmers were counting on China milk buyers before the trade war. "The problem is both nations have stubborn leaders," an industry analyst said. By Mary Papenfuss




Hard times for farmers got tougher with President Donald Trump’s trade war. Now Midwestern farmers are filing the highest number of bankruptcies in a decade, according to a Wall Street Journal analysis of federal data.And farmers aren’t hopeful about this year.Twice as many farmers in Illinois, Indiana and Wisconsin declared bankruptcy last year compared to 2008, according to statistics from the 7th Circuit Court of Appeals, the Journal reported. Bankruptcies in states from North Dakota to Arkansas leaped 96 percent, according to figures from the 8th Circuit Court of Appeals.Farmers are being battered by sinking commodity prices — and stiff tariffs from China and Mexico in retaliation for Trump’s tariffs on imports.The new 11-nation Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP) treaty last year slashed tariffs — but not for U.S. farmers since the Trump administration pulled out of negotiations. That drove customers to farmers and ranchers in competitive countries, like Australia, serving another dunning blow to American operations.Farmers fear it will take years to rebuild those trading relationships.According to figures from the U.S. Agriculture Department, farm income last year was about 50 percent of what it was in 2013, the Wisconsin State Farmer reported.The dairy industry was hopeful about meeting growing demand in China, but now trade is a major stumbling block. “The problem is that both nations have stubborn leaders,” Mark Stephenson, director of dairy policy analysis at the University of Wisconsin at Madison, said at an agricultural forum last week in Madison.Soybeans were also a major victim. “Agriculture prices live and die by exports. In all commodities, we’re heavily dependent on China, especially for soybeans,” Kevin Bernhardt, agribusiness professor at the University of Wisconsin in Platteville, told the Milwaukee Independent.Government subsidies to farmers were up 18 percent last year over the previous year, due to the $4.7 billion in tariff aid and $1.6 billion in disaster payments for farmers impacted by hurricanes, floods and other disasters. But it wasn’t enough to stave off the end for some.
KatN
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Join Date: Mar 2013
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Old 02-11-2019 , 12:49 PM     KatN est dconnect  search   Quote  
Go TRUMP 2020!!!!!!
Odysseusa
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Join Date: Jun 2011
Số Điểm: 3539
Old 02-11-2019 , 01:45 PM     Odysseusa est dconnect  search   Quote  
Quote :
Originally Posted by KatN
Go TRUMP 2020!!!!!!

Go MAGA in 2020, 2024, etc. DDDDD
Listen&Learn
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Join Date: May 2008
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Old 02-11-2019 , 01:57 PM     Listen&Learn est dconnect  search   Quote  
TTT mà còn bị bankruptcy mấy lần thì huống gì dân thường tụi mình

TTT bị bankruptcy thì he còn làm lại được chứ mình mà đu theo him mà bị bankruptcy thì chỉ có thành homeless .. Mình không vote cho T đâu nheng
Odysseusa
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Join Date: Jun 2011
Số Điểm: 3539
Old 02-11-2019 , 01:59 PM     Odysseusa est dconnect  search   Quote  
Quote :
Originally Posted by Listen&Learn
TTT mà còn bị bankruptcy mấy lần thì huống gì dân thường tụi mình

TTT bị bankruptcy thì he còn làm lại được chứ mình mà đu theo him mà bị bankruptcy thì chỉ có thành homeless .. Mình không vote cho T đâu nheng


KN va LL please vote for TTTrump in 2020.... thanks
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