Australian beef has replaced U.S. supply in China since Donald Trump returned to the White House, funnelling hundreds of millions of dollars that have in previous years gone to the U.S. cattle industry into Australian pockets.
U.S. shipments to China, worth around $120 million a month, collapsed after Beijing in March allowed permits to expire at hundreds of American meat facilities and as Trump unleashed a tit-for-tat tariff war.
Other U.S. farm exports to China, the world’s biggest food importer, have also suffered since Trump retook power. On soybeans alone, U.S. farmers have lost out on shipments worth billions of dollars during the current harvest season.
Yeah, It’s what he did the last time he destroyed soybean exports.
Create the problem and sell them the solution kinda guy.
A lot of farms still went under, but mostly small ones.
Worse was that farmer-suicide rates rose significantly. Imagine having a tarrif policy that knowingly killed many people first time round, so the second time you dial it up to 10.
It was sad seeing farmers, who lost farms that had been in their family for generations, on the news saying they’d still vote for Trump.