Bye Bye Trade War? China Plans $1 Trillion Buying Spree to Reduce US Trade Deficit

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Binman4OSU

Legendary Cowboy
Aug 31, 2007
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Stupid about AGW!!
Didn't Trump say just a few days ago phase one was done and American Farmers needed to buy more la d and that China was already placing orders for agriculture goods ???

https://twitter.com/ABC/status/1183884457721380864?s=19
 

cowboyinexile

Have some class
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Jun 29, 2004
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This seems neverending but we may win this. For what it's worth I'm not a fan of Trump but I have no issue with his hard stance on China. In global trade they play by their own set of rules and if he can break that, it would be something key for our long term interests.

The Chinese eat alot of pork-they also grow alot of pork so they need grain. We have a lot of grain but due to the trade war it's too expensive to their producers to buy it. But they have a problem-African Swine Flu has devastated their swine herd and that disease is not going away so they are going to struggle to repopulate. They are struggling to feed their own people their favorite meat and people with hungry bellies get angry. Guess who has plenty of pork to export? It would be like if here hamburger suddenly dissapeared at the grocery store, Canada had all of it on sale for $.99/lb and the government told them to piss off. Their government knows this. It's dumb luck on our part-if their herd is sufficient to feed their population they can buy grain from South America or Australia and jack up electronic and textile wages to give us the middle finger. But they can't so either their growing middle class decides rice and chicken is awesome or eventually they cave.

The caveat is the Chinese like fresh pork-they like to go to the butcher shop and pick out their cut. Frozen pork won't fly as well, but they may not have an option.