Trade Wars Continue!

More Exciting News From Trump HQ!

On Tuesday, because the good and easy to win trade war has been going so swimmingly, the Russian Usurper announced $200 billion more taxes on Chinese goods.

Guess what happened!

The global markets jumped off a cliff.

China’s Commerce Ministry said it was “shocked” by the action and that China will have “no choice but to take necessary countermeasures.”

The Dow dropped more than 200 points and the S&P 500 fell 0.7 percent.

The European Commission said it was concerned about the immediate economic impact, not just of the tariffs themselves but from a (potential?) collapse of the multilateral trading system that stable genius Comrade Stupid has said that he despises.

Deep thoughts from Marco Rubio

The U.S. Senate voted 88-11 in favor of a symbolic resolution criticizing Prznint Stupid’s tariffs. It has no teeth, of course. I’m sure Marco ‘Big Gulp’ Rubio, the Cold Warrior for a New Generation, and beloved grandson figure of Wingnuts over the age of 65 and under the age of death, (probably) snuck in after the vote and signed it after it passed. A real Portrait in Courage that one:

“[Rubio’s] office did not immediately respond when asked if he would have voted in favor of Corker’s proposal had it been introduced as an actual bill instead of a symbolic resolution. “

The farmers of Possum Hollar appear to be getting eff’ed in the dark.

“Since the announcement of the tariffs: we’ve lost 20 percent of our income in soybeans, that’s nationally,” said Bret Davis, an Ohio farmer who also serves as a director of the American Soybean Association.

And so a nation turns its lonely eyes to you, Mr. Comrade Prznint:

So ain’t that comforting? Steady as she goes!

This entry was posted in 2018 Pie Fight, 4th Reich. Bookmark the permalink.

11 Responses to Trade Wars Continue!

  1. Dennis Cole says:

    “it can’t go too quickly.” That’s right, death by 1,000 cuts is far more preferable than a bullet to the head. I wonder if this will change the minds of so many of his sub-porters in the heartland.

    Liked by 1 person

  2. Osirisopto says:

    While on the campaign trail the MHSG once bragged that he had made a lot of money from the housing crash in the Great Recession.

    Anyone want to bet Putins cronies have designs on the farms and houses in possum Hollar?

    Liked by 2 people

  3. I’m here in the heart of Possum Hollar Real ‘Murrica! NW Ohio, and about half the fields here are sporting soybeans. Oops!

    All my normally deep red relatives here are pissed at Trump both over the trade nonsense AND the kids, which they’re all roundly criticizing as horribly inhumane.

    Last year was a bad year for the farmers around here: way too much rain from that mythical Chinese climate hoax. They planted crops 3 or 4 times last summer because the seedlings kept getting drowned out, so they were counting on a good year this year to even things out.

    Be interesting to see what happens this November, because that’s around harvest time and the sting of the Trade War will be fresh in their minds…

    Liked by 1 person

    • tengrain says:

      So if they cannot sell the soybeans to China (and by law Japan cannot buy them because of the GMO nature of American Soy), what happens when there is a soybean glut on the US market? They are doubly screwed.

      Rgds,

      TG

      Liked by 1 person

    • Alison Redford says:

      Yeah, they grow soybeans here in KS, too. This popped up in my local e-paper a day after the first round of tariffs were announced, certainly entirely by coincidence:
      http://www.sumnernewscow.com/2018-soybean-social-and-dinner-to-be-held-in-wichita-at-yayas/ . I’d say it’d be interesting to be a fly on the wall at that dinner, but we have friends who are bitterly disappointed about the way things are going. If they didn’t have young kids, maybe I could not sympathize, but.

      Like

  4. RWW says:

    As always, Comrade Stupid will declare victory no matter what actually happens. This time, he’ll be rubbing the deplorables’ faces in his bullshit after whacking them over the head with an economic 2×4.

    Like

    • osirisopto says:

      Well, R policy is – If you can’t punch a hippy, then screw a poor person.
      So, it’s business as usual.

      Like

      • MDavis says:

        Or pretend to punch a DFH.
        From The Laura Ingraham Show (via “Take a bath, hippie!”:
        “LAURA INGRAHAM (HOST): It sounds like three people, doesn’t it? Chasing old Mitch McConnell around.

        Was Elaine with — I’d be careful going up to Elaine Chao. She’s the tiger wife. She doesn’t like the taunting. No.

        There’s got to be, I guess you can’t do this — this is where my devilish side comes out. It would be fun to carry around a Super Soaker. Like one of those Super Soakers that shoots like 40 feet, and just start soaking them. Probably the first shower they’ve gotten in some time. So you kill two birds with one stone. You kind of have a fun moment of frivolity in the summertime heat, and also you also give them a bathing opportunity. Maybe give them some soap too. So hit them with a Super Soaker and some soap, say go to town. “

        Like

  5. 9thousandfeet says:

    By November this will all be those filthy leftists’ fault, just you watch.
    And Hillary’s of course.
    And people are saying that Obama and Clinton have both gone short on soybeans weeks ago.

    Well, no, I just made that up, but it could be true, and that’s all that matters nowadays.

    Like

  6. roket says:

    If they’re afraid of DFH’s, who they imagine need a bath, wait until they start getting attacked by pig farmers.

    Like

Comments are closed.