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Panda Hungry – China Buys Soybeans,
Exempts Pork and Beans From Additional

Original Article

Posted By: earlybird, 9/13/2019 8:18:19 PM

In a quite admission of food dependency, China purchased 600,000 tonnes of soybeans yesterday (link), and simultaneously announced that U.S. pork and soybean imports would be exempt from further tariff increases. The surface message Beijing is selling, surrounds their magnanimous panda narrative of reaching out to diminish trade friction. However, below the surface everyone knows China cannot feed itself and if food prices keep rising they could likely have growing unrest.Beijing’s decision to not enhance tariffs of pork and soybeans is very self serving. Particularly because China owns Smithfield foods, the largest producer of U.S. pork. In essence China has lessened tariffs against their own company.

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Reply 1 - Posted by: Safari Man 9/13/2019 10:54:31 PM (No. 179290)
Running low on flied lice?
1 person likes this.

Reply 2 - Posted by: ColonialAmerican1623 9/13/2019 11:58:39 PM (No. 179309)
They would be buying tobacco too except for the loons.
0 people like this.

Reply 3 - Posted by: texaspast 9/14/2019 12:16:26 AM (No. 179312)
I hat too bee an ole cute, but wee half to quite relaying own spelt chiggers. Quite and Quiet are not interchangeable.
1 person likes this.

Reply 4 - Posted by: acesfull 9/14/2019 12:18:15 AM (No. 179313)
This is a huge story and break through for DJT on the Chinese tariff battle. The farmers are a big part of his base and they have been patient and now they will be rewarded with getting their market back. Really a big deal for Trump's electoral votes in the midwest.
4 people like this.

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