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Old 07-27-2018, 12:27 PM
 
Location: Gulf Coast Texas
28,443 posts, read 15,427,246 times
Reputation: 11376

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"Dow is now up triple digits"...

Lew: "I'm in a little bit of a bad position to respond..."

Yeah, I bet you are...

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Old 07-27-2018, 12:35 PM
 
Location: Little Rock, AR
2,966 posts, read 920,099 times
Reputation: 1843
Poor Lew, he looks defeated.
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Old 07-27-2018, 12:38 PM
Status: "North of Palm Trees, South of High Taxes" (set 4 days ago)
 
Location: Noth Caccalacca
5,589 posts, read 6,689,295 times
Reputation: 4882
Europe purchasing soybeans represent only a small fraction of what the Chinese bought. Trump's putting lipstick on his Tariff pig!
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Old 07-27-2018, 12:51 PM
 
Location: Florida
62,967 posts, read 34,302,543 times
Reputation: 10454
Quote:
Originally Posted by TheEmissary View Post
Europe purchasing soybeans represent only a small fraction of what the Chinese bought. Trump's putting lipstick on his Tariff pig!
Yes, China imported 90+ million tons, vs EU 15 million tons , and 5 million tons of that already came from US. And of course the EU soybean buyers still have the option to buy form where ever they want. EU got Trump to play his best card (auto tariffs) without giving anything in return.

Last edited by Finn_Jarber; 07-27-2018 at 01:15 PM..
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Old 07-27-2018, 01:06 PM
Status: "North of Palm Trees, South of High Taxes" (set 4 days ago)
 
Location: Noth Caccalacca
5,589 posts, read 6,689,295 times
Reputation: 4882
Of course, there's not much about autos!
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Old 07-27-2018, 01:11 PM
 
3,988 posts, read 1,676,843 times
Reputation: 2275
Quote:
Originally Posted by Finn_Jarber View Post
Yes, China imported 90+ million tons, vs EU 15 million tons , and 5 million tons of that already came from US. If EU decides to by all of its soybean imports from US, we are still going to be hurting big time. And of course the EU soybean buyers still have the option to buy form where ever they want. EU got Trump to play his best card (auto tariffs) without giving anything in return.
yup, EU buying small fraction of what we have b/c China bought all of Brazil's already so we have a glut. Thus, leading to an advantageous position for EU (who had already planned to buy more from us anyway b/c of China moving to Brazil). but that would take an extra 30 seconds of reading/research to find out, so of course Trumpsters don't bother. Just believe what Daddy tells me.

Last edited by Metsfan53; 07-27-2018 at 01:19 PM..
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Old 07-27-2018, 01:11 PM
 
17,751 posts, read 15,639,452 times
Reputation: 6391
Quote:
Originally Posted by Finn_Jarber View Post
Yes, China imported 90+ million tons, vs EU 15 million tons , and 5 million tons of that already came from US. If EU decides to by all of its soybean imports from US, we are still going to be hurting big time. And of course the EU soybean buyers still have the option to buy form where ever they want. EU got Trump to play his best card (auto tariffs) without giving anything in return.

We are going to be hurting big time from a surplus of soy beans? Really?

If the US patches things up with the EU, and other trading partners , it will have no trouble isolating China since there is world wide agreement that China has been dumping steel .
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Old 07-27-2018, 01:13 PM
 
9,617 posts, read 5,939,901 times
Reputation: 6540
Lew is right on.

Anyone counting on EU buying enough to make a difference is dreaming. As we speak, the members of the EU is arguing over the deal Juncker reached with Trump.

Juncker-Trump trade deal disrupts European unity

Quote:
France has already questioned the terms of their agreement and asked the Commission for clarifications.

Meanwhile, France, which has repeatedly insisted the EU should not negotiate while Trump has a gun to Europe’s head, is not happy with the outcome.
.
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Old 07-27-2018, 01:14 PM
 
Location: Central Illinois -
21,525 posts, read 14,346,985 times
Reputation: 14664
Trump is giving handouts to farmers hurt by his ridiculous and moronic tariffs, which are accomplishing one thing: Hurting Americans.

And his supporters cheer.

Let's hope he keeps spreading pain, lets all suffer, it will make us all stronger. (said no Trump supporter ever)
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Old 07-27-2018, 01:17 PM
 
Location: Florida
62,967 posts, read 34,302,543 times
Reputation: 10454
Quote:
Originally Posted by gwynedd1 View Post
We are going to be hurting big time from a surplus of soy beans? Really?
Yes, really. Why do you think Trump is bailing out the farmers?
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