Looks like someone finally has talked sense into this born loser of a US president.

 

There is no clear info yet if he gonna cut the tariffs by 1000 or 1500%

 

 

https://finance.yahoo.com/news/live/trump-tariffs-live-updates-trump-readies-tariff-cuts-on-beef-bananas-to-help-slash-us-grocery-bills-231853899.html

 

Trump readies tariff cuts on beef, bananas to help slash US grocery bills

 

President Trump is readying some substantial tariff cuts in a bid to address voter concerns over the rising cost of goods. Trump is hoping to ease high prices on coffee, bananas and other foods. The tariff cuts will come with a series of new trade deals, which will include framework agreements with Argentina, Guatemala, El Salvador and Ecuador.

 

"Coffee, we're going to lower some tariffs," Trump told Fox News host Laura Ingraham in an interview.

The push to reduce food prices comes after electoral wins for Democrats last week across a number of key state and local races where candidates stressed affordability concerns. The trade deals unveiled on Thursday with Latin American countries will see the US reduce tariffs and barriers on everyday grocery items like beef and coffee beans.

 The coffee exports from Brazil had a tariff of 50% imposed on them. This was to teach Brazil a lesson they deserved. After all, they were actually buying more from the U.S. than they sold to the U.S. It's going to be tough for them to treat the Chinese the same way since they are now selling way more soybeans to China than they used to. Soybeans which used to come from the USA.  I just hope that this has given U.S. soybean farmers a much needed break from the hard labor it takes to earn an income.

How many tacos can an American buy with his $2,000 tariff bonanza cheque?

 

Remember when you forum lefties swore blind the tariffs could never work and were just a tax on Americans? Another false narrative borne from hatred dies a hard death🤣

3 hours ago, CallumWK said:

President Trump is readying some substantial tariff cuts in a bid to address voter concerns over the rising cost of goods.

 

Waitaminnit!

 

Din't some stable genius promise us that tariffs won't result in higher prices?

 

And even if they do, we'll just send the bill to Mexico?

11 minutes ago, SunnyinBangrak said:

How many tacos can an American buy with his $2,000 tariff bonanza cheque?

 

Why you keep repeating this nonsense although your master has already announced that there will not be any cheque.

24 minutes ago, SunnyinBangrak said:

How many tacos can an American buy with his $2,000 tariff bonanza cheque?

 

Remember when you forum lefties swore blind the tariffs could never work and were just a tax on Americans? Another false narrative borne from hatred dies a hard death🤣

So, you've visited the future and you know that check will actually be issued? Can you share with us who's going to be the next Superbowl winner. I can't wait to drop a dime with my bookie.

26 minutes ago, SunnyinBangrak said:

How many tacos can an American buy with his $2,000 tariff bonanza cheque?

 

Remember when you forum lefties swore blind the tariffs could never work and were just a tax on Americans? Another false narrative borne from hatred dies a hard death🤣

As I recall, Trump originally justified the tariffs as a way to offset increases in the deficit due to his tax reductions. Would this count as another broken promise?

13 hours ago, Alan Zweibel said:

I just hope that this has given U.S. soybean farmers a much needed break from the hard labor it takes to earn an income.

 

It seems there are also doubts about that now, and Trump has been lying (what a surprise), about his deal with China.

 

https://finance.yahoo.com/news/usda-data-casts-doubt-chinas-235012430.html

 

USDA data casts doubt on China's soybean purchase promises touted by Trump

OMAHA, Neb. (AP) — New data the Agriculture Department released Friday created serious doubts about whether China will really buy millions of bushels of American soybeans like the Trump administration touted last month after a high-stakes meeting between President Donald Trump and Chinese leader Xi Jinping.

The USDA report released after the government reopened showed only two Chinese purchases of American soybeans since the summit in South Korea that totaled 332,000 metric tons. That's well short of the 12 million metric tons that Agriculture Secretary Brooke Rollins said China agreed to purchase by January and nowhere near the 25 million metric tons she said they would buy in each of the next three years.

Beijing has yet to confirm any detailed soybean purchase agreement but only that the two sides have reached “consensus” on expanding trade in farm products. Ehmke said that even if China did promise to buy American soybeans it may have only agreed to buy them if the price was attractive.

 

1 minute ago, CallumWK said:

 

It seems there are also doubt about that now, and Trump has been lying (what a surprise), about his deal with China.

 

https://finance.yahoo.com/news/usda-data-casts-doubt-chinas-235012430.html

 

USDA data casts doubt on China's soybean purchase promises touted by Trump

OMAHA, Neb. (AP) — New data the Agriculture Department released Friday created serious doubts about whether China will really buy millions of bushels of American soybeans like the Trump administration touted last month after a high-stakes meeting between President Donald Trump and Chinese leader Xi Jinping.

The USDA report released after the government reopened showed only two Chinese purchases of American soybeans since the summit in South Korea that totaled 332,000 metric tons. That's well short of the 12 million metric tons that Agriculture Secretary Brooke Rollins said China agreed to purchase by January and nowhere near the 25 million metric tons she said they would buy in each of the next three years.

Beijing has yet to confirm any detailed soybean purchase agreement but only that the two sides have reached “consensus” on expanding trade in farm products. Ehmke said that even if China did promise to buy American soybeans it may have only agreed to buy them if the price was attractive.

 

Patriotic Americans should all start eating tofu immediately!