Farmers Are Casualties In Trump’s Trade War

Farmers Trade War

By Lynda Bryant-Work “As history has repeatedly proven, one trade tariff begets another, then another – until you’ve got a full-blown trade war. No one ever wins, and consumers always get screwed.” Mark McKinnon Strong support from the agriculture sector helped elect President Donald Trump to the White House in 2016. But two years later, concerns about the trade war and trade disputes have many farmers backing away from Trump. Tariffs are expected to raise the price of production for agriculture and make U.S. crops less competitive in China. When it…

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U.S. Growers, Ag Industry In Crosshairs Of Trump Trade War

soybean-harvest photo

By Lynda Bryant-Work “As we learned after President Herbert Hoover signed the Smoot-Hawley tariff at the outset of the Great Depression, vibrant international trade is a key component to economic recovery; hindering trade is a recipe for disaster.” Asa Hutchinson   Farmers across the United States expect to lose billions of dollars this year if the Trump trade war with China and other countries continues to escalate. The trade war comes at a tough time for farmers when prices for soybeans and corn have been stubbornly low. A February USDA report…

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Smoot-Hawley Tariff Act: No Tariff Goes Unpunished

photo of Senator Smoot and Congressman Hawley, authors of the Smoot-Hawley trade tariff of the 1920s that many economists consider a major contributing factor to the onset of the Great Depression in America and internationally

by Lynda Bryant-Work As President Donald Trump rolls out more and more tariffs and trade partners are angered – the warnings of the 1930 Smoot-Hawley Tariff Act are ignored by the administration. Most Americans have not heard of the legislation and have no conception of how disastrous it was, as once again the pendulum swings from free trade to protectionism. The tariff act is a story and piece of history of a bill going off the rails, off a cliff and helping sink the world economy. Senator Reed Smoot, Republican…

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Trump’s Wall Part Two – How NAFTA Drove Millions of Mexicans North Looking For Jobs

by Richard Cameron In the previous installment of this series, we examined Donald Trump’s argument that building a wall on the U.S. Southwest border would stem the flow of drugs and drug trafficking into the country. The data revealed that it would not. In this segment of the report, we will look at the aspect of NAFTA (North American Free Trade Agreement) in relation to why Mexican migrants have been crossing the border in recent decades and why as usual, there are more nuances and complexities to the relationship between Mexico…

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