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China retaliates with 25% tariff on $34B worth of goods including agriculture

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Re: China retaliates with 25% tariff on $34B worth of goods including agriculture

#11
post #10

Earlier quoted context omitted.

I don’t think the USA is a crucial food exporter to any market except maybe Mexico. Yes, we export lots of fruits, nuts, and animal feed, but none of this is going to be missed very much. It’s not like Thailand cutting off rice exports.

The USA is a food exporting powerhouse. We are not #1 in every market but we are in the top 5 of every major grain I can think of. some examples Wheat- http://www.worldstopexports.com/wheat-exports-country/ Corn- http://www.worldstopexports.com/corn-exports-country/ Rice- http://www.worldstopexports.com/rice-exports-country/

But no one really depends on us. A lot of what we export is used as animal feed.

Re: China retaliates with 25% tariff on $34B worth of goods including agriculture

#12
post #10

Earlier quoted context omitted.

The USA is a food exporting powerhouse. We are not #1 in every market but we are in the top 5 of every major grain I can think of. some examples Wheat- http://www.worldstopexports.com/wheat-exports-country/ Corn- http://www.worldstopexports.com/corn-exports-country/ Rice- http://www.worldstopexports.com/rice-exports-country/

But no one really depends on us. A lot of what we export is used as animal feed.

animal feed is used to make more animals which humans eat. Im not saying I know that this would affect China for sure, but you cant take a major producer out of a market or increase their price substantially and expect no effect

Re: China retaliates with 25% tariff on $34B worth of goods including agriculture

#13
post #12

Earlier quoted context omitted.

But no one really depends on us. A lot of what we export is used as animal feed.

animal feed is used to make more animals which humans eat. Im not saying I know that this would affect China for sure, but you cant take a major producer out of a market or increase their price substantially and expect no effect

Mexico and Canada would be hurt much more, prices would go up, meat would be more expensive in China, but...global starvation wouldn’t occur. There are plenty of net surplus exporters out there, and what they add are mostly luxuries.
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