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  • From the Sioux Falls, South Dakota newspaper: Farmers losing patience as tariffs costs rise. The Farmers association suggests that the grumbling will be significant should the tariffs on soybeans still be in place at harvest time.

    "This is unprecedented for at least as long as I've watched the markets," Elliot said. "I think initially a lot of people shrugged (the tariffs) off. Now the market has been trying to react to it and trying to price that in, but for anyone to think they have a grasp on how to reprice demand and how that plays out, I don't think anybody has that put together."

    The tariffs and the resulting uncertainty created market volatility that growers find hard to watch as their crop values drop.

    “It’s not cheap,” Doug Sombke, president of the South Dakota Farmers Union and Conde farmer, said of the financial hit he took in the last several weeks.

    He said the uncertainty surrounding the tariff talks had already dropped prices on his soybean crop, costing him about $120,000 this year.

    "This is the kind of thing we can’t afford to have," he said. "Not in a state like South Dakota."

    *********

    "Our producers can no longer continue to 'wait and see' what happens with U.S. trade in the global arena," Sens. John Thune and Mike Rounds and Rep. Kristi Noem wrote to Trump. "Trade uncertainty over just the past few months has cost South Dakota farmers and ranchers hundreds of millions of dollars they could not afford to lose."

    The U.S. Chamber of Commerce estimated that the proposed tariffs against China, Canada, Mexico and the European Union would threaten $129 million in South Dakota exports. But agriculture economists said it will likely cost the state more since those exports are a mainstay of the state's largest economic sector. And farmers and ranchers said they've already felt the economic hit.

    "The retaliatory tariffs are just beginning and it's going to have a trickle-down effect," said Nelson. "The farmers are getting hit right off the bat."


    https://www.argusleader.com/story/ne...ome/780376002/

    Comment


    • Meadows and Jordan plan to file a motion of impeachment against Rosenstein on Monday. Very unclear (I would say unlikely) that Paul Ryan will allow it to see a vote. Trey Gowdy just said this morning that he will in no way support it. "Impeach him for what?" he asked on CBS.

      https://www.nationalreview.com/news/...od-rosenstein/

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      • Good piece on negotiations. I think it's high time we debated what it actually means to ``have a businessman in the WH", in the way that that gets talked about in American politics. Business and politics are obviously not the same thing. The natures of their financial balance sheets are fundamentally different. If we actually did have a CEO type of leader, we'd have someone obsessed with benchmarking against peers and maximizing leverage vis-a-vis several actors.

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        • DiKZH6oW0AQzpUD.jpg:small.jpg

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          • It would be better to at least have a good business man in the White House instead of a two bit grifter.
            To be a professional means that you don't die. - Takeru "the Tsunami" Kobayashi

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            • with all of the progressive's stories about the tariffs hurting Trump supporters, I am surprised they aren't supporting them and calling for more.

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              • Originally posted by The Oracle View Post
                Well, there's plenty of articles out there showing the tariffs are hurting his base already, soy bean farmers, etc.
                It will definitely hurt some people, it is still kind of small potatoes in a macro sense. Bush tried the steel tariffs and it cost the US economy jobs. They eventually got revoked because they didn't work. We can't expect that from Trump.

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                • Trump does exhibit the trait all if those business types do, they love to tell you the great job they are doing regardless of empirical evidence. I have worked under a lot of different CEOs, most of them were shit, one was good and they all told you how great they were. The good one was Bob Iger.

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                  • right vs left


                    zmB1198OD7SAAJUPZZN9krveF0uWE51RaNx1RZ4zyPM.jpg?w=959&amp;s=6f11707c8830c31747a274e18f82df5c.jpg

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                    • Hours before the holster and the cock meet, the holster goes off on more delusional tweets. Once again, bordering on treason, Chump demonstrates really needs to be removed from office via the 25th amendment so he can get the mental help he so desperately needs.

                      https://edition.cnn.com/2018/07/16/p...mit/index.html

                      Attached Files
                      #MAGA -
                      Morons Are Governing America

                      Comment


                      • It's a common Trump tactic. Declare things horribly broken, then after a 3 hour meeting announce you've fixed everything while in reality very little changed. Praise yourself as the only one on earth who could've made this great thing happen.

                        The head of NATO is privately telling people virtually nothing new was agreed to but Trump is telling the world that he alone 'fixed' things. So far as anyone can tell, the North Korea agreement is much the same...very, very little has actually changed

                        These are just more of Trump real estate con jobs. It's not about actually achieving anything, it's about selling the idea that you are.

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                        • Making people wait is Putin's version of the Trump handshake. People were specualting if he'd make Trump wait. Well, he is. Landed in Helsinki 17 minutes after the meeting were supposed to start.

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                          • You would think tough guy Putin would want to be seen braving the rain at the game yesterday rather than having the only umbrella. Weak.

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                            • Photo from this morning's meeting.

                              Attached Files
                              #MAGA -
                              Morons Are Governing America

                              Comment


                              • DiOvrM3VMAgCOUe.jpg

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