Issues of concern to people who live in the west: property rights, water rights, endangered species, livestock grazing, energy production, wilderness and western agriculture. Plus a few items on western history, western literature and the sport of rodeo... Frank DuBois served as the NM Secretary of Agriculture from 1988 to 2003. DuBois is a former legislative assistant to a U.S. Senator, a Deputy Assistant Secretary of Interior, and is the founder of the DuBois Rodeo Scholarship.
Tuesday, May 14, 2019
Farmers get impatient with Trump's trade war: 'This can't go on'
American farmers are running out of patience with President Donald Trump's trade war with China.
Farmers have long stood behind Trump's mission to get a better trade deal with Beijing that addresses long-standing issues with what they say are unfair trading practices.
But after weeks of optimistic statements by Trump and members of his administration about how trade talks were progressing, Trump abruptly escalated tariffs on $200 billion of Chinese goods last week and opened the door to even more -- prompting Beijing to hit back Monday by raising the tariff rate on $60 billion of US items.
The escalated tariffs don't hit agricultural products directly, since most were already facing a 25% tariff imposed by China last year. But the news still sent commodity prices plummeting. "The President of the United States owes farmers like myself some type of plan of action," John Wesley Boyd Jr., a soybean farmer in Baskerville, Virginia, told CNN's Brianna Keilar on Monday.
"Farmers were his base. They helped elect this president ... and now he's turning his back on America's farmers when we need him the most," he added. Soybean, corn, and wheat growers have been battling tariffs from China for nearly a year now. Beijing imposed those duties in retaliation to tariffs put on Chinese products by the Trump administration.
The tariffs made those American agricultural products more expensive for Chinese importers, and private buyers have mostly stopped buying American-grown soybeans or wheat...MORE