Originally Posted by
Sun Tzu
https://www.cnbc.com/2018/07/04/us-p...na-mexico.html
'We are the casualty:' US pig farmers brace for second round of pork tariffs from China, Mexico
"We put a halt on all investment, not just because we will be losing money, but because we don't know if growing in the U.S. is the right move if we won't be an exporting country," said Ken Maschhoff, chairman of Maschhoff Family Foods and co-owner of the nation's largest family-owned pork producer.
Maschhoff said the farm industry has been
"asked to be good patriots. We have been. But I don't want to be the patriot who dies at the end of the war. If we go out of business, it's tough to look at my kids and the 550 farm families that look us into the eye and our 1,400 employees."
And speaking of going out of business:
70% of BMW's output from their factory in Spartanburg, South Carolina is exported to overseas markets. If Trump expands this trade war into the auto sector, those jobs get shifted to plants outside of the US and the customers will still buy those BMWs. But, those 9,000 good-paying jobs in Spartanburg disappear.
Trump is clueless and vindictive. If he expands this trade war into the auto sector: Brace for impact. Trump country will be hurt the most.
I'm voting to take the deal that's on the table. I'm voting Yes.
At some point you have to do triage and put a bandage on it to stop the bleeding... we can't subsidize the world at our expense. Medicine always tastes bad, but it sometimes keeps you from dying of infection.
I'm voting NO to TA 1.0, and looking forward to
TA 2.0.
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