All the farmers who swore by President Trump’s plan for the country and reforming the agricultural industry are eating their hats right now.
Ever the flip-flopper, President Trump himself, has changed his stance on trade wars, once again.
When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win. Example, when we are down $100 billion with a certain country and they get cute, don’t trade anymore-we win big. It’s easy!
— Donald J. Trump (@realDonaldTrump) March 2, 2018
While skeptics of Trump and members of the resistance have long disregarded many of the baseless claims made by President Trump, much of his base is also just becoming aware of just how detrimental his policies will be for them.
In response to a question about how China’s new tariffs will affect the economy, the president was rather nonchalant.
“I’m not saying there won’t be a little pain, but the market’s gone up 40 percent, 42 percent, so we might lose a little bit of it, but we’re going to have a much stronger country when we’re finished.”
Although Trump is okay with causing this pain, even his allies in Washington are uneasy about these new trade decisions. In fact, Senate Majority Leader Mitch McConnell said he was “nervous about what appears to be a growing trend in the administration to levy tariffs.” Meanwhile, Republican Kansas Senator Pat Roberts called the tariffs “a fine mess that they have gotten us into.”
American farmers are now shaking in their boots as they react to the news of the trade wars. Washington Post reported on Monday that much of Trump’s agricultural and blue-collar base is “torn between siding with Trump and acknowledging the economic peril to many of their constituents. ”
Beyond the economic consequences, his base also fears the continued manipulation. “Many of the farmers who helped propel Donald Trump to the presidency fear becoming pawns in his escalating trade war with China, which threatens markets for soybeans, corn and other lifeblood crops in the Upper Midwest.”
Due to the ongoing trade war, billions of dollars of pork exports are at risk. Likewise, thousands of jobs attached to that industry are in jeopardy as well.
“It’s going to hurt American farmers, no doubt about it,” said Jarous Valenec, a 43-year old dairy farmer in reference to the trade war. “We were already looking at depressed prices for corn and soybeans before this. There’s no sector that’s showing good numbers.”
Trump doesn’t deny U.S. farmers could suffer from the trade war: “If during the course of the negotiation [with China] they want to hit farmers because they think that hits me, I wouldn’t say that’s nice. But I will tell you our farmers are great patrons.” pic.twitter.com/78c9yroLqe
— Kyle Griffin (@kylegriffin1) April 9, 2018