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American farmers are attacking President Donald Trump in the wake of a new hit from China, which comes as part of the lingering trade war between the countries.
Trump’s “strategy of constant escalation and antagonism” has worsened the situation, Roger Johnson, the president of the National Farmers Union, the nation’s second-largest general farmers group, told Bloomberg. Family farmers and ranchers “can’t withstand this kind of pressure much longer,” he added.
“It’s really, really getting bad out here,” Bob Kuylen, a North Dakota farmer of 35 years, told CNBC. “Trump is ruining our markets.”
China canceled all purchases of U.S. agricultural products last weekend. The retaliatory action came after Trump announced 10% tariffs on an additional $300 billion of Chinese imports set to begin in September.
China’s move is a “body blow to thousands of farmers and ranchers who are already struggling to get by,” Zippy Duvall, president of the American Farm Bureau Federation, told Bloomberg.
American agricultural exports to China dropped by half last year due to Trump’s trade war, and farm income fell 16%, Time reports. And over the last five years, net farm income has plunged by nearly half, from $123.4 billion in 2013 to $63 billion last year.
Farmers unloaded on Agriculture Secretary Sonny Perdue last week at a listening session at the annual Farmfest in Minnesota.
So farmers believed the populist rhetoric of a bigot and in any fair assessment of business acumen, a failed entrepreneur who relied on handouts from Daddy, abuse of bankruptcy laws and cheating partners and sub contractors out of their earnings.
Now they are paying the price of agricultural socialism as practiced by the Great Deceiver and so they whine. Now the question is, will the family farmer go the way of the buggy whip industry as Trump maneuvers corporations to buy land from broke farmers?
". . . those who claim to know the Mind of God, who will tell you what God thinks and how He will judge and condemn others—those people are the greatest of all blasphemers." Aloysius Xingu Leng Pendergast
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