transporter
Well-Known Member
So our incompetent President is at it again. Wharton should rescind this man's degree.
Tweet #1:
https://twitter.com/realDonaldTrump/status/1020293430398935040
Here is your five year price chart of soybeans:
As anyone (especially a Wharton grad) should know, prices of food commodities are very volatile. Weather here, weather elsewhere...changing consumer preferences...currency fluctuations will all impact pricing.
Soybean prices have fallen over 20% since May. Why? Our incompetent President. His idiotic tariffs on Chinese imports were met with Chinese tariffs on US products AND China started buying soybeans from elsewhere (Brazil I believe). They did exactly what they said they would do if Trump installed his tariffs.
So, in a sense, the President is right, bad trade deals have impacted the price of soybeans, what Trump is trying to do is blame everyone else for HIS bad trade agenda!
Tweet #1:
Farmers have been on a downward trend for 15 years. The price of soybeans has fallen 50% since 5 years before the Election. A big reason is bad (terrible) Trade Deals with other countries. They put on massive Tariffs and Barriers. Canada charges 275% on Dairy. Farmers will WIN!
https://twitter.com/realDonaldTrump/status/1020293430398935040
Here is your five year price chart of soybeans:
As anyone (especially a Wharton grad) should know, prices of food commodities are very volatile. Weather here, weather elsewhere...changing consumer preferences...currency fluctuations will all impact pricing.
Soybean prices have fallen over 20% since May. Why? Our incompetent President. His idiotic tariffs on Chinese imports were met with Chinese tariffs on US products AND China started buying soybeans from elsewhere (Brazil I believe). They did exactly what they said they would do if Trump installed his tariffs.
So, in a sense, the President is right, bad trade deals have impacted the price of soybeans, what Trump is trying to do is blame everyone else for HIS bad trade agenda!