Under Trump, US cedes its share of China's beef market to Australia
Under Trump, US cedes its share of China's beef market to Australia
reuters.com
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.
I said it before... it is incredible how fast America's dominance is falling. I remember shortly after 9/11 when the idea of US market dominance failing seemed ridicules... even dystopian shit still had the US dollar be number one... but this? Fuck me...
It's a good thing.
America will be better off after being taken down a few pegs. They'll start trying again.
now imagine for a moment - go back to that post-9/11 period - and imagine that our standing in the world and our economic dominance are both failing not because of some new innovation from our competitors, or climactic disturbance in politics or crops, no, it's all falling to shit because, and only because we elected a conman to lead the country, twice, and it's gone terribly both times.
oh and gwb iraq didn't really set things up for greatness, but damn, ten years of trump has run this country right into the ditch.
impressively rapid descent into shitocracy.
Idk feels more like the Dems and Biden failed the US. Obama, for all his faults, managed to turn things around despite the poor gwb years.