China swings back ...

**farmaholic** · Mar 22, 2018, 20:16

Originally posted by furrowtickler View Post

Tariffs could include U.S. soybeans

.......and there goes canola?

**SASKFARMER3** · Mar 23, 2018, 07:27

rather simple china got huge on the back of lazy Americans and bad policies and politics. Let some one else build cheap shit and ship it here because were so rich we can afford it. But reality is people need to work to make money to buy things.

So hitting china could hurt farmers and Canadian Farmers a lot. USA will help theirs out and Canada will not.

Same thing as 80s here we go again.

Study history its about to happen again.

**ajl** · Mar 23, 2018, 07:52

To point out the obvious, China is just posturing as it does not hold the cards here. China exports far more to the US than vice versa and needs to continue to do so as who else is going to buy it? China also has 40T of mostly US denominated debt to service so they need to export. Look for even more price rollbacks at a Wallmart near you. President Trump didn't start the trade war, he has merely responded since everybody else has played the export only game for so long through tariffs and currency devaluation.

**Hopalong** · Mar 23, 2018, 09:59

One big difference from 80s is end of wheat board which many US growers saw as protectionism by Canada.
Big fear is start of global trade war leading up to economic depression and other kinds of warfare.
Would be in our best interest to concede on supply management also seen as protectionism.

**Guest** · Mar 23, 2018, 10:19

Originally posted by Hopalong View Post

One big difference from 80s is end of wheat board which many US growers saw as protectionism by Canada.
Big fear is start of global trade war leading up to economic depression and other kinds of warfare.
Would be in our best interest to concede on supply management also seen as protectionism.

that will never happen as most of the supply management is in Quebec

**ajl** · Mar 23, 2018, 10:25

For the record, China already has had for a long time an import tariff on soybeans at 3% so soy tariffs are not new. Mind you that is one third of the tariff on imported canola seed at 9%. Oil and meal also faces tariffs. Source: Canola council of Canada. Don't know why so many are pro communist China which never has been a free trader.

**burnt** · Mar 23, 2018, 10:56

Originally posted by caseih View Post

that will never happen as most of the supply management is in Quebec

I wonder if this has the same implications as it had 20 or 30 years ago.

What do you see as significant about it being held by Quebec?

I see the separatism threat as being less of a lever than it once was.

**errolanderson** · Mar 23, 2018, 11:55

Meal rallying today on ideas 'China threatened tariff on U.S. pork' may force more hogs to be fed out in China. If this is a correct assumption, a tariff on U.S. soybeans would seem quite unlikely (IMO).

Implications of this brewing trade war is a guessing game at-best right now . . . .

**biglentil** · Mar 23, 2018, 12:14

Originally posted by errolanderson View Post

Meal rallying today on ideas 'China threatened tariff on U.S. pork' may force more hogs to be fed out in China. If this is a correct assumption, a tariff on U.S. soybeans would seem quite unlikely (IMO).

Implications of this brewing trade war is a guessing game at-best right now . . . .

China is rolling out the Petro Yuan next week. This trade war is not a coincidence. Got gold?

China swings back ...