Thanks Australia! You’re mostly Communists anymore anyway. Enjoy!
This is great news. We need to sell nothing to those communist bastards. They Tax our cars 25% and we tax them nothing!! To hell with that.
So who were the previous buyers of Australian beef???
good - more bargains for customers in supermarkets in USA :)
More for me!
Come to think of it maybe selling beef to China is why domestic beef prices have gone through the roof in the past several years.
$12-14/lb. ribeye and NY strip, for choice-cut here. Sale price as a loss leader is $6.99.
Well, that must mean our cost of living will go down here as far as meat prices? About time.
Please...Smithfield foods, the largest producer of pork in the US, was bought by China's WH Group in 2013. WH is re-routing pork exports to Canada, then trans-shipping to China. This is supported by the fact that US pork production continues to run near seasonal highs, and prices, which would be under pressure if supply was backing up onto the US markets, is also near highs. China is paying higher food prices across most categories.
Wouldn’t want to be a cat in China right now.
China Owns Smithfield. What is going on? You cannot find that ownership on their website. I tried, but I may be wrong. http://www.smithfield.com/why-smithfield/
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Let Them Eat Cicadas
Let them. My stupid congresswoman can’t understand microeconomics but think about it - there’s not an infinite supply of beef and pork in the world and supply is balanced with demand. So if China is not buying from Australia, where do those who were previously buying from Australia go to get their beef and pork? Most likely the US which now has an immediate supply.
Do you suppose China had to pay more or less than they were paying the US to Australia to break their contracts and sell to China instead? How long before China realizes maybe it would be cheaper to pay the US tariff and have it’s preferred supplier back again.
Trump understands this, and knows exactly what he’s doing.
Oh. My. Gawd.
We're done for.
豬頭
In other news, alley cats and stray dogs are suddenly disappearing in Shanghai.
This so called “trade war” stuff always cracks me up. China needs the USA more than the USA needs China. They can’t win and they know it. They got used to feckless US Presidents doing nothing about their unfair trade practices, but now they’ve met their match. The only question is how long it will take them to cave, but cave they will. They have no choice.
The Chinese got no retaliation.
ALL commodities have a constant market. If we don’t sell beff to China, and they buy it somewhere else, we’ll sell ours to somebody else.
This is nothing.
If prices come down I’ll ramp up the smoker.
Now you know why the globalists were preparing to make us eat bugs.
LOL... the Chinese own the largest pork processor in the USA. Trump got them to play Russian Roulette.