- cross-posted to:
- politics@lemmy.world
- cross-posted to:
- politics@lemmy.world
- China’s finance ministry on Friday said it will impose a 34% tariff on all goods imported from the U.S. starting on April 10.
- The ministry criticized Washington’s decision to impose 34% of additional reciprocal levies on China — bringing total U.S. tariffs against the country to 54% — as “inconsistent with international trade rules.”
- U.S. stock futures and European markets fell sharply on news of the reciprocal tariffs.
https://www.npr.org/2025/02/08/nx-s1-5288119/a-soybean-farmer-recalls-how-he-was-impacted-by-chinese-tariffs-in-trumps-first-term
Farmers are super stressed and are at a higher risk of suicide. Voting for the Donvict was a sure way to make farming more stressful. Not only does the wealthy brat from the big city see you as a mark to exploit, he really doesn’t actually care about you losing all your export customers and losing your farm. He’s busy golfing at taxpayers’ expense.
they did during the soybean tariffs, most of them lost thier farms, or suicided. After things was lifted, China had no need to source soybeans from america anymore.