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rm5711

@rm5711.bsky.social

Abolish The Electoral College . Pro Choice .Ban Assault Weapons . Litigate the NRA Into Bankruptcy. BLM . Eagerly Awaiting Trumps Demise . Vote Blue in 24 . Save the 🐝 .Go Red Sox

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Reposted by rm5711

SKsarahtaber.bsky.socialMar 3, 2024 10:47pm

A reminder: last time Trump was in office, he started a trade war that cost NC farmers $250m. But the full financial hit NC farmers have taken from the Trump presidency is more like 10x that- about $2 billion. How? Trump killed the Trans-Pacific Partnership. www.theassemblync.com/politics/ste...

Screenshot from the Assembly article, "The Governor of Rural North Carolina" which reads as follows:

North Carolina is the nation’s largest producer of tobacco, with three quarters of it going overseas. Over the last decade, the state’s agricultural exports have doubled, now topping out at $4.2 billion. But that growth stopped in 2018 when North Carolina became a key battleground in then-President Trump’s trade war with China.

Trump raised tariffs 25 percent on Chinese imports, which triggered retaliatory 25 percent tariffs on American goods, decimating the export market for some of the state’s staples, like pork and tobacco. Soybean, corn, and wheat markets were also crushed.

Publicly, Troxler was vocal about the impact of the tariffs on the industry he led.

“It looks like every trade war that we’ve ever been involved in,” Troxler told WRAL. “Agriculture in the United States becomes a target, I guess, because it’s so big. Everybody eats, so if you want to hit somebody in the belly

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Rrm5711.bsky.socialDec 13, 2023 4:18am

rm5711

@rm5711.bsky.social

Abolish The Electoral College . Pro Choice .Ban Assault Weapons . Litigate the NRA Into Bankruptcy. BLM . Eagerly Awaiting Trumps Demise . Vote Blue in 24 . Save the 🐝 .Go Red Sox

176 followers188 following121 posts