One of Your Colleagues Just Woke Up, V

[Minimalist]

The WSJ worried about soy bean farmers?  Well, not really.  But it plays nicely for the rich, corporate, fucks they serve.

https://www.rawstory.com/2018/07/isnt-wi...trade-war/

‘This isn’t winning’: Wall Street Journal sarcastically batters ‘master negotiator’ Trump for plunging US into trade war

Noting the launching of Trump’s tariffs with the U.S.  “imposing tariffs of 25% on $34 billion of Chinese imports, and Beijing retaliated on an equal value of U.S. goods,” the Journal said the war has already battered soybean farmers deep in Trump country, as well as a wide range of U.S. products.

“The damage is already serious for American soybean farmers whose biggest customer is China. They now face a 28% tariff while competitors in Brazil and elsewhere pay no duty. The cash price for U.S. soybeans recently fell to its lowest level in about a decade,” they wrote. “Producers of beef, pork, chicken and seafood will also take a hit. U.S. automakers, which will now pay a 40% tariff after it had recently fallen to 15%, will lose sales of highly profitable SUVs that are increasingly popular with Chinese consumers”