Ah. Facts you are unaware of are a collection of nonsense. You post misinformation and disinformation that I correct with verifiable facts and you refer to the facts that demonstrate your post to be disinformation and misinformation as nonsense. You are very confused. Your video is nonsense. My post is facts that expose your video as nonsense. No tariffs imposed by Trump or Biden are “aimed at ag”. Both Trump and BIDEN pursued tariffs to address the FACT we are trading our infrastructure, ag land, businesses, and real estate for cheap goods from China. If you don’t know why BIDEN tariffed China then you have no business asking why Trump did. The reason tariffs imposed by CHINA on US goods imported into CHINA are “aimed at ag” is because …wait for it….wait…wait…ag products are the largest class of US exports to CHINA by FAR. Soybean exports to China are valued at nearly DOUBLE the value of the second most valuable export class to China. Basically, China hammers agricultural imports to their country from the US because there aren’t really any other options. Why? Because we don’t export much of anything else to China comparatively. And THAT is the problem. THAT is why BIDEN and Trump tariff Chinese imports. Because even though both men are stupid in their own ways, they are smart enough to understand you can’t run trade deficits like we have with China forever. Because if you do, over time the entire US economy and natural resources will be OWNED by China. Yes! Ag equipment isn’t selling well ANYWHERE because sales don’t have ANYTHING to do with Trump tariffs. They are driven by GLOBAL commodity prices. Right now there are far more ag commodities than anyone can use so prices are suppressed. When prices are suppressed producers don’t buy new equipment to offset tax liability. They wait. Not rocket science. What about business confusion caused by BIDEN steel tariffs? Or Brazilian steel tariffs? Why are you obsessed with Trump tariffs on steel when BIDEN and BRAZIL impose the same tariffs on Chinese steel? You need to bring yourself back to the real world. This isn’t a TRUMP issue. It’s a trade issue. And what you and your goofy videos claim is that Trump tariffs are somehow “bad” but the exact same tariffs implemented by Biden and Brazil are “good”. You are off in bizarro land. Literally EVERYTHING you’ve been led to believe about tariffs is verifiably FALSE.
??? Biden and other presidents have used tariffs to protect specific industries and trade agreements. I really doubt that is Trump's objective with tariffs on steel and now with cars, agricultural goods and equipment, etc. China Imports from United States Value Year Mineral fuels, oils, distillation products $22.44B 2023 Machinery, nuclear reactors, boilers $20.06B 2023 Oil seed, oleagic fruits, grain, seed, fruits $16.03B 2023 Electrical, electronic equipment $14.08B 2023 Optical, photo, technical, medical apparatus $13.70B 2023 Trump targets our ag business and our auto business. Thinking that the Trump tariff attacks on US business are "good" is ridiculous.
You don’t understand that a video full of misinformation and disinformation is nonsense but FACTS conflicting with that did/misinformation are not nonsense? If you can’t accept facts are not nonsense….. SMH. Biden kept Trump tariffs and added more. Biden has collected more tariff revenue you say “targets” businesses than Trump has. Ummmm. Dude. Biden is the one who imposed 100% tariffs on Chinese EVs. Not Trump. Trump has been out of office almost 4 years. Wake up. Neither Trump or BIDEN are targeting US businesses. They impose tariffs to protect businesses, ag land, real estate and infrastructure from becoming OWNED by China. You think tariffs higher than Trump’s imposed by Biden are GOOD. So only someone completely detached from reality could describe Trump tariffs as bad. Soybeans are the highest value product we export to China. If you combine a bunch of other products classes that changes.
I don't agree with most tariffs Biden has put in place. However, keeping the economy steady is seriously important, plus tariffs affect inflation, which has been a problem. For agriculture, looking ahead is important. Soybeans to China is not the most major export of the US in 2023. You haven't said anything about Biden's policy on tariffs. If you want to, fine, but cite your evidence. The most value of exports to China are for Mineral fuels, oils, distillation products. Your soybean numbers are for 2022. Cutting $11B out of soybean exports to China is a hit on agriculture - as is Trump's attempt to bankrupt John Deere.
Just in general, Trump has been opposed to other products made by the USA - such as EVs. We are not going to catch up on EVs by slowing our EV manufacturing, so it will be curious to see what he does with that. Does he really think ICEs will win out over EVs? Does he really think that massive more fossil fuel drilling is something needed in the USA?
It's becoming more and more obvious that EVs are terminally uncompetitive with ICE vehicles and the EV mandates aren't helping. Furthermore, with the fall of Chevron v. NRDC last June, it's only a matter of time before EPA loses its ability to regulate CO2 and possibly anything at all. Trump obviously knows how this works since in his first term he managed to obliterate Obama's attempt to do what Biden has now done. But it's really too late to save the mandate now. And heck yes, drill baby, drill.
Trump is more or less focused on the financial donations of the oil crowd. He offered to kill the EV market if he got a giant election donation. I think that's pretty much the way he thinks about it. Let's remember that this is a world market, not a country. The USA has less than 4% of the population. I know your opinion. But, the issue here is the world, or maybe just the USA.
What about the ones he kept from the Trump administration? Can you point me to some PF post where you express concern about Biden attempting to bankrupt John Deere with metal tariffs? Yes inflation is a problem. But it wasn’t caused by tariffs. The overwhelming majority of inflation was caused by monetary policy. Looking ahead is absolutely important for agriculture. So is basing that looking ahead on facts, not fabrications. Yes they were. A bit over $15B in value in 2023. Your cite combined coal, natural gas, oil, kerosene, diesel fuel etc. to get the $22B figure. And all types of machinery, nuclear reactors, and boilers of all types to get the next figure. And a bunch of ag products for the next figure. Soybeans are the largest value product we sell to China each year. https://fas.usda.gov/data/commodities/soybeans How can you not know this? You seem concerned that tariffs are harming the country but you are unaware BIDEN collected more tariff revenue than Trump? How can you be so worked up about something you literally know nothing about? https://taxfoundation.org/blog/biden-trump-tariffs/ It doesn’t matter if you use 2022 or 2023. Soybeans top the list. No single category exceeds soybeans. How so? Total ag exports to China have increased since before the “trade war”. There is more to agriculture than soybeans. Nobody is attempting to bankrupt JD. If Trump is, Biden certainly tried as he collected more tariffs than Trump did. You don’t care if Biden tried to bankrupt JD? Tariffs aren’t an attempt to bankrupt JD no matter who imposed them on China.
None of this makes any sense. Remember, Trump's already had one term. Financial donations from anybody have nothing to do with it. Trump has already removed us from the Paris Accords once. This time he'll do it for good. And internationally, the IPCC is on the brink of self-immolation. Maybe at COP30 next year. Once "climate change" falls apart and can't drive the professional con man class, there will be no more incentive to waste any more time on it. By anybody. EVs are technically inferior to ICE. The only advantage they hold is with totalitarian regimes. Think about it. The people you rule start to rise up, you shut down the grid and send out the fossil fuel powered tanks to mop up the remnants. Few want EVs and all kinds of companies are looking at how they can drop that money losing anchor on their businesses. Once the mandate drops in this country, we'll be back to 2-3% EV market share with Tesla being the bulk of that. Just like Trump's reelection, the whole climate thing will implode under its own hubris and take EVs with it. Worldwide.
Hiding tariffs? I doubt that. Trump wants to drive Deere to bankruptcy. Would you like to state how this helps US Ag? The discussion here is what would be the effects of Trump doing what he says. I would NOT base my business one what Trump says. I'm not sure what your point is here. Soybeans is a MAJOR percent of ag that we export to China - in fact, more than 100%, as you can see in your chart. And, tariffs imposed by the US on goods exported to China is costly to the USA. China has to look for soybeans from other vendors or otherwise cover its need. American agriculture has to adjust for the whack that Trump gave them. And, JD is already on the edge of bankruptcy. Cutting the demand for JD equipment is going to hurt JD. Maybe Trump LIKES JD, but you can't tell that by impact of his policy decisions. Trump talks like he wants to whack other countries using his tariff ideas. That is not nearly well enough though out.
This is totally ridiculous. Your continued EV diatribe is preposterous. Your rejection of international science on climate change is a very different issue
Who said anything about hiding tariffs? I’m simply asking why YOU aren’t upset at Biden for taking more tariff revenue from JD and the rest of the country than Trump did. Why? Show some evidence. Biden is tariffing JD more than Trump did. Show evidence Trump wants to bankrupt JD. Go ahead. Trump said he would impose the tariffs he is threatening today back in 2016. Did you believe him then? He didn’t follow through. But you believe him now? Did you believe Biden when he vowed to cure cancer if elected in 2020? He hasn’t followed through. Still believe him? I don’t base my business decisions on what politicians say. I pay more attention to what they do. The point is we have a HUGE trade deficit with China. The result is that China is going to own our ag land, real estate, businesses, and infrastructure if we don’t change direction. We have been letting them tariff us at over twice the rate we tariff them for YEARS. It must stop or you will eventually be speaking Chinese at your workplace. As will JD employees, etc. Both Trump and Biden, as dumb as they both are in many respects, understand this even if you do not. Showing your work, present the math that validates your claim that soybeans make up over 100% of ag exports to China. SMH. The US DOES NOT IMPOSE TARIFFS ON GOODS WE EXPORT TO CHINA. Period. Full stop. Please learn a bit about tariffs before you embarrass yourself further. You are one of the folks that whine about tariffs but demonstrate a COMPLETE lack of knowledge about them. John Deere is not on the edge of bankruptcy. If someone told you this they are either ignorant or lying. John Deere has A+ ratings across the board with little debt and strong free cash flow. They have the lowest possible default rating at F1. They are the exact OPPOSITE of “edge of bankruptcy”. https://www.fitchratings.com/resear...tch believes the firm,linked to those of JDCC Demand for JD equipment is a function of global commodity prices. These are driven primarily by supply and demand. Right now global production of commodities exceeds our ability to eat it all. So prices are lower, leading to less sales of new equipment. It has nothing to do with tariffs. Your position can’t be well thought out because literally everything you think you know is factually incorrect. Most of what you believe is the complete opposite of actual reality, the financial position of JD being just one recent example.
That comment about the effect of tariffs on JD equipment is just plain silly. And, the group to ask about whether JD is on the verge of bankruptcy is JD. When (if) Trump raises the cost of JD equipment by declaring a 100% tariff. That makes a HUGE difference to JD. Tracking the Economic Impact of the Trump Tariffs Tax Foundation https://taxfoundation.org › Research › Research
No. None of the information I’ve presented is silly. It’s just FACTS. Ask them. Report back. Substantiate YOUR claim they are on the edge of bankruptcy. Do you not understand JD is a publicly traded company that MUST make their financial position public? There is no secret financial problem with JD that the rating institution I quoted is unaware of. John Deere has A+ and F1 financial ratings. The best possible ratings for financial stability. Now you have, as usual, verified you can not substantiate your wild claims that conflict with reality. No. The 100% tariff threatened was on JD imports from Mexico. As only about 5% of product sold in the US originated from Mexico a 100% tariff would be statistically insignificant. You can’t tariff an import that doesn’t exist. I explained this all to you before. JD never intended to move large scale production to Mexico. Trump made that up. You fell for fake news. Again. And again. And again You must be LIVID. Biden taking almost TWICE as much of American’s hard earned money as Trump did! Again, where are your posts criticizing all the economic destruction of the Biden tariffs? I thought you guys said Biden handled the economy well and made it robust and healthy? Now you are learning tariffs were a part of Bidenomics! You must be shocked and dismayed and pissed.
Why is Trump going back to his "economic" strategy of targeting specific companies? As president, he attacked both Ford and Courier. Those attacks certainly harmed those companies while accomplishing nothing. For instance, what damage did he accomplish other than to those companies he targeted? The Trump threat on JD was with regard to what JD WOULD accomplish - not past performance. Yes, Trump makes economic direction on the fly with no knowledge of the damage it will do. Fake News from Trump is NOT leadership. It IS destructive, as corporations must judge markets and make plans. Having the PRESIDENT lie to them is a PROBLEM. The economic factors of the Biden era have changed over time. What Biden has done has been good for the economy, where the major problem has been inflation. You have to explain what you this is a mistake in terms of the problems of the time.
You talking about Trump criticizing Ford for supporting California mileage requirements over federal CAFE? I don’t think that harmed Ford. What harmed Ford was making vehicles people don’t want. Like the lightening and F-150 hybrid etc. that are now sitting around unsold on lots. I’m not sure what point you are trying to make. If Ford had listened to Trump in 2018-19 maybe they wouldn’t have made so many vehicles people don’t want. Who knows. You claim JD is on the verge of bankruptcy. That would be based on past performance. SMH. The whole tariff threat if they moved to Mexico was a fraud. It wasn’t real. Media duped you again. Which president lying is a problem? Biden criticized Trump tariffs until he was elected. Then he kept them and added more. Was that lying a problem? LOL. So Biden tariffs that exceeded Trump tariffs were good. Even though they cost companies like JD more than tariffs under Trump. You complain that tariffs increase inflation. Then say Biden had inflation. Then say Biden was good for the economy. You need to make up your mind. Was Biden taking twice as much from JD and other US businesses and consumers through tariffs good or bad? If it was good then you need to stop criticizing Trump tariffs. If it was bad then you should have been crying crocodile tears the last four years and posted about how terrible Biden tariffs were and how they harmed the economy. I think you need to study up on what tariffs are and what they do. What the positive and negative results are. And perhaps drop your partisan blinders. That will help you assess tariffs themselves instead of continuing to judge everything based on who is in office, not on actual facts.
It's not the size of the tariffs. It is how we should set trade policy. Directing the federal government to attack individual manufacturers is NOT acceptable. It can not be allowed to be how national trade policy is set. Trump isn't even our president, yet here you are suggesting he should be allowed to screw up our economy. Trump hating JD is NOT an excuse. And, pitching his tariffs as being good for agriculture is not a benefit to ANY part of America - unlike he claims. As for Ford, they didn't bring on Trump's hate by not getting his design approval.
Oh. Earlier you were concerned with Trump implementing bigger tariffs. Now that you have learned Biden collected more tariff revenue than Trump all the sudden “size” doesn’t matter. LOL. You shouldn’t have ANY say in trade policy or criticize anyone else’s policies because you don’t know ANYTHING about how tariffs work, you believe A+ and F1 financial ratings signal imminent bankruptcy, and you know nothing about Trump or Biden tariff policies of the past. You have no business having any opinion about what policy should be until you at least learn the basics. I’m not suggesting Trump should be allowed to screw up our economy. I’m simply educating you on FACTS about tariffs and how they have been used by Biden as well as Trump. You didn’t know Biden collected more revenue from companies like JD than Trump. That’s important information. You didn’t know US agricultural exports to China increased significantly after Trump implemented tariffs and Biden continued and increased them. You didn’t know JD has the best financial health ratings possible because you were led to falsely believe they were going bankrupt. You thought Trump targeted US ag with tariffs. You learned China actually tariffed US ag products. You believed soybeans make up over 100% of ag exports to China. I had to explain that’s a mathematical impossibility. You believed a 100% tariff on JD imports from Mexico would be “huge”. I had to explain only 5% of JD product sold in the US is of Mexican origin so a tariff would be statistically insignificant, not huge. Funny you are concerned about manufacturers when Biden promised to end US businesses that represent 8% of the US GDP. That’s ok with you I suppose. The important point here is this. You and others believed 2018 Trump tariffs would be disastrous. But they resulted in increased ag exports to China. And Biden was so impressed he KEPT those tariffs and added to them. Now the trade deficit with China is shrinking. I’m sure you were unaware of that as well. Just as unaware as you were that long term trade deficits result in China owning more US infrastructure, businesses, ag land commercial/residential real estate. Everything you thought you knew about tariffs in 2018 was wrong. Everything you thought you knew about tariffs before you and I started this conversation was wrong. So your opinions have no value because you formed those opinions on misinformation and disinformation. Until you reject that disinformation and misinformation your opinions on trade policy are worthless. Your opinion that tariffs are an attack on US businesses is wrong. Made obvious by the fact Biden “attacked” US business twice as violently as Trump. Since EVERYTHING you believed about the past use of tariffs was dead wrong, your fanciful predictions about the future are laughable. This has nothing to do with Trump. You need to let that go and base your beliefs on actual facts and reality. That’s why I keep hammering the tariffs being part of the Bidenomics you LOVED for 4 years. Your dislike of Trump has blinded you to reality. I don’t like Trump either, but I don’t let that blind me to FACTS about China, tariffs, trade, JD, etc. You have no evidence Trump hates JD. That’s just something media has tricked you into believing. Everything they told you is misinformation and disinformation. LOL. Well, increased ag exports is good. And that’s what has happened with Trump and BIDEN tariffs. A decrease in trade deficit with China is very good long term for all Americans. It means maybe we can keep American land and businesses owned by Americans. Again, you’ve been misled. Your opinion is based entirely on misinformation and disinformation like the video you presented. It was all factually incorrect. There is no evidence Trump hates any company. He was CORRECT in the past that their push for more EVs and more fuel efficient ICE vehicles would hurt them in the long term. Just because you dislike someone doesn’t negate them being correct if the facts line up on their side.
Trump's opinions of EVs has to do with his personal ties to the oil industry. There is no other explanation.
You should study the following, or any other serious economic analysis of tariffs: https://ncga.com/stay-informed/medi... increases in China,value of the higher price. We can make things harder on China. But, not without affects here at home.
LOL! I should study? I’m not the one posting misinformation, you are. I’m well aware of “serious” economists. Many still claim running huge trade deficits indefinitely has no negative consequences. Do you know what a $0.13/bu. decrease in corn price means to me? Not much. It costs nearly $0.20/bu. to transport from field to elevator. I’ll trade that for continued decrease in trade deficit that drives foreign ownership of ag land etc. I’m not a selfish bastard that is willing to trade this country off for cheap crap or a bit higher price for commodities. I prefer to look at the big picture long term. Not short term gain with a piper to pay long term.
First you "socialist" (BS),it wasn't a100% tariff but 200% AND it's because JD was/IS moving production to Mexico Earlier this month, John Deere announced it is moving the manufacturing of skid steer loaders and compact track loaders from its Dubuque facility to Mexico by the end of 2026. ....The company said the decision was due to it evolving its business model and to address rising manufacturing costs and improve operational efficiencies. "This includes optimizing our factories for future products, making our operations more efficient and taking advantage of locations in the U.S. and globally, with a growing labor force," a statement from the company reads. https://www.foxbusiness.com/economy...-layoffs-midwest-amid-production-shift-mexico October 28, 2020 92 Percent of Trump’s China Tariff Proceeds Has Gone to Bail Out Angry Farmers https://www.cfr.org/blog/92-percent-trumps-china-tariff-proceeds-has-gone-bail-out-angry-farmers
I don't believe he was ONLY talking about Ford was he? Rebuking New Federal Rules, Major Automakers Cut Deal With CA On CAFE Standards Jul 25, 2019 Four major automakers have reached a deal with California to increase gas mileage and greenhouse gas emissions standards, bypassing the Trump administration's plan to freeze standards at 2021 levels. Ford, BMW, Honda and Volkswagen are parties to the deal with the California Air Resources Board, which had been at odds with the Trump administration for months. California has said it would exercise its powers to set more stringent pollution and mileage standards than the federal government has proposed https://laist.com/shows/airtalk/reb...automakers-cut-deal-with-ca-on-cafe-standards