Opinion Farmer: I won't vote for Trump again without an end to high tariffs, trade war with China
US might extend some tariff exclusions on Chinese imports
The US Trade Representative will consider extending certain exclusions for up to one year.In July 2018, the USTR imposed 25% duties on $34 billion worth of Chinese goods. It granted the first set of exclusions for the likes of cellphones and televisions in December of that year, which are set to expire on Dec. 28, 2019. The USTR is now considering extending some exclusions for up to 12 months.
Editor’s note: The opinions in this article are the author’s, as published by our content partner, and do not necessarily represent the views of MSN or Microsoft.
President Donald Trump made a big promise last month to American farmers who’ve been battered by his trade war. After announcing what he is calling “phase one” negotiations with China, the president sat behind his desk in the Oval Office and told farmers that they’re now going to need to “.”
China, the president promised, had just committed to more than double their pre-trade war imports of American farm products to between. It was a win, he , that would soon have farmers begging and pleading with him that they couldn’t produce enough exports to keep up with demand.
Trump says new site in works for next round of China trade talks
President Trump said Thursday that the next round of trade negotiations with China was still on despite Chile canceling the Asia-Pacific Economic Cooperation event at which the two sides had planned to meet. The president said that the White House and Beijing were close to settling on a new meeting place. © Provided by MediaDC: Washington Newspaper Publishing Company, Inc."China and the USA are working on selecting a new site for signing of Phase One of Trade Agreement, about 60% of total deal, after APEC in Chile was canceled do to unrelated circumstances. The new location will be announced soon.
It’s not the first promise he has made to farmers like me. At the American Farm Bureau Federation convention in January, he told overthat “ , you’re not even going to believe it. Your problem will be: 'What do we do? We need more acreage immediately. We got to plant.' ”
He was right about one thing, increasingly farmers don’t believe it. More and more farmers see his trade promises for what they are: hot air into the cold wind.
Farmers aren't that easy to fool
I am among those Americans who twice cast my vote for President Barack Obama and then supported President Trump in 2016. But my breaking point with the current president came when I realized his trade war had caused 20% losses for the 750-acre family farm I help run in western Pennsylvania. We produce soybeans, corn and dairy products, all of which have been targeted by tariffs. We operate on margins of 1-2%, which made the losses severe.
Apple wants iPhone components and more excluded from tariffs, report says
The company is also reportedly seeking exemptions for electronics like the HomePod, AirPods and the storage components for the Mac Pro.The tech giant is also reportedly looking to avoid tariffs on other products, like the HomePod ; the Beats Pill Plus wireless speaker; AirPods and Beats wireless earbuds; the iPhone smart battery case ; charging cases for AirPods and the PowerBeats; the storage components for the Mac Pro ; and the batteries for the iPhone and MacBook , Bloomberg reported.
China's economy is weakening:
After months of patiently waiting, I’ve started speaking out. Thankfully, I’m not alone.
In Minnesota this summer, farmers at a state agriculture fair made national headlines when they confronted Agriculture Secretary Sonny Perdue about how fed-up they were. They told the secretary that their markets were withering away, that being a “patriot” is not helping to stave off bankruptcy, and that they’re not “starting to do great again” as the president. Their comments weren’t met with boos from their fellow farmers; they were met with .
Farmers aren’t as easily fooled as the president thinks. We are the put-up-or-shut-up type. And for more than a year now, instead of progress, we’ve seen empty promises. Instead of bringing down tariffs, at best we have seenand at worst we’ve seen tariffs go even higher. Instead of delivering open markets, we’ve been given Band-Aid subsidies that fail to stem the bleeding.
U.S., China Consider Rolling Back Tariffs as Part of Initial Trade Deal
U.S. and Chinese officials are actively considering rolling back some tariffs to clinch the partial trade deal under negotiation, according to people familiar with the talks. © mike blake/Reuters“If there’s a deal, [removing] tariffs will be part of it,” a senior administration official said late Monday. The U.S. and China have agreed in principle to what President Trump has called the first of several phases of an accord to end the dispute that has penalized hundreds of billions of dollars of trade between the two countries.
That’s part of why this latest promise rings so hollow. The truth is that even if China could somehow magically buy $20-plus billion more in agriculture exports annually, the retaliatory tariffs at the root of the problem would still be in place.
Policies must make farmers whole
It’s also an issue of what baseline we are using to judge progress. To come close to making farmers whole again, the president needs to account for the damage already done. For example, the volume of soybean exports to Chinain a single year thanks to the trade war. I export 100% of my beans. That’s the new normal that we need to recover from.
The sad truth is that the damage from the trade war for farmers might never be undone. The past two years have given our competitors a leg up in catering to the 1.3 billion people in China who are increasingly seeking foreign produce, meat and dairy. Our advantage in soybean exports over our chief competitors in South America, for example, has been all but frittered away. We are fighting just to keep our existing customers.
Trade talks more fickle than the weather:
China says US agrees to tariff rollback if deal reached
China and the U.S. have agreed to roll back tariffs on each other’s goods in phases as they work toward a deal between the two sides, a Ministry of Commerce spokesman said. “In the past two weeks, top negotiators had serious, constructive discussions and agreed to remove the additional tariffs in phases as progress is made on the agreement,” spokesman Gao Feng said Thursday.“If China, U.S. reach a phase-one deal, both sides should roll back existing additional tariffs in the same proportion simultaneously based on the content of the agreement, which is an important condition for reaching the agreement,” Gao said.
For there to be any hope, empty promises and half measures need to end and real dealmaking needs to begin. It’s great that the United States and China are negotiating what they see as phase one, but phase one for farmers was when the. It’s time to get to the cutting-tariffs phase.
As the calendar turns to 2020, I have no doubt we’ll hear even more promises about protecting farmers, particularly in my home of Pennsylvania. As for me, the only promises I can make are that I won’t be buying tractors or land anytime soon and that, when November 2020 rolls around, if the trade war isn’t a thing of the past there’s no way I’ll be voting for President Trump.
Rick Telesz is a dairy and soybean farmer in Lawrence County, Pennsylvania. He operates Telesz Family Farm.
This article originally appeared on USA TODAY:
Trump says China trade talks moving along nicely, but deal has to be right .
U.S. President Donald Trump said on Saturday that trade talks with China were moving along "very nicely," but the United States would only make a deal with Beijing if it was the right deal for America. © Reuters/ALY SONG Containers are seen at the Yangshan Deep Water Port in Shanghai Trump told reporters at Joint Base Andrews before leaving for a visit to Tuscaloosa, Alabama, that the talks had moved more slowly than he would have liked, but China wanted a deal more than he did.
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