Tariffs war halts US beef exports to China as Australia fills the gap (www.abc.net.au)
from schizoidman@lemm.ee to world@lemmy.world on 12 Apr 03:18
https://lemm.ee/post/61085181

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PointyReality@lemmy.world on 12 Apr 03:48 next collapse

Sorry US, but you want to dickheads means we will find others to trade with. This is good and something Inhad feared for our farmers during this tarriffs BS. I hope more markets open up as the rest of the world continues to pull away from the US.

Nougat@fedia.io on 12 Apr 04:08 next collapse

Make Australia Get Ahead?

jonne@infosec.pub on 12 Apr 09:43 collapse

The US is just going to isolate itself by doing a trade war by itself. The only way this was going to really hurt China was if the US somehow got the EU, Canada and Australia to put the same tariffs on China. Instead the US is just pushing everyone into China’s arms and making things more expensive on their end.

hitmyspot@aussie.zone on 13 Apr 12:21 next collapse

When everyone is looking for new trading partners, the only person missing out is the person declining to trade.

Kanda@reddthat.com on 13 Apr 14:09 collapse

Even then China could just say “ok we no send microchip and cell phone” and everyone folds

WhatAmLemmy@lemmy.world on 12 Apr 09:42 next collapse

Rabobank global strategist Michael Every said ongoing commentary about Trump’s tariffs was missing the bigger picture.

“We’re now in an era of economic statecraft where it’s about national security and national interests, rather than inflation or a balanced budget. These are irrelevant points now”

This tracks with the brainwashed ignorance of the average mainstream neolib “strategist” or “analyst”. They refuse to acknowledge, either through stupidity or greed, that conservatisms goal all along is to bring back feudalism, exploit the masses for personal gain, and that the fascism of MAGA is just a means to achieving this.

Nothing that Trump or his fellow fascists have done since pre-Reagan has anything to do with “national security” or interest, and everything to do with their own personal greed. They are not doing “statecraft” or 4D chess. They’re committing fraud on a global scale, and crimes against humanity both domestically and abroad.

Also this is actually terrible for Australians; it’s great for the Australian “economy” (the wealthy) but means more expensive beef (inflation) for consumers, which means 99% of Australians will be worse off.

danc4498@lemmy.world on 12 Apr 11:29 next collapse

Beef gone get cheaper in America??? I could go for a ribeye!

Wanpieserino@lemm.ee on 13 Apr 13:10 next collapse

Nah it’s not going to get cheaper. Your imports on beef have been higher than the exports.

For some reason your country chose to export a lot of beef while also importing a lot of beef.

Let’s see…

beefmagazine.com/…/why-does-the-u-s-both-import-a…

The article highlights several key points to explain why the U.S. both imports and exports beef:

  1. Market Efficiency: Markets function to maximize the value of products and use resources efficiently. This means producing goods where it is most cost-effective and meeting demand where it is highest.

  2. Supply and Demand Balance: The U.S. imports beef to meet domestic demand for specific types of beef that are not produced in sufficient quantities locally. Conversely, it exports beef to capitalize on international markets where certain U.S. beef products are highly valued.

  3. Consumer Preferences: Different markets have varying preferences for beef types. By engaging in both import and export activities, the U.S. can cater to diverse consumer tastes both domestically and internationally.

  4. Resource Optimization: Importing and exporting allow the U.S. to optimize its production processes. For example, the U.S. might import lean beef for ground beef production while exporting high-quality cuts that fetch better prices abroad.

  5. Global Competitiveness: Participating in global trade helps the U.S. beef industry remain competitive. It ensures that the industry can adapt to changes in supply and demand, maintain market share, and support economic growth.

These factors collectively contribute to a robust and flexible beef industry in the U.S., benefiting both producers and consumers.

danc4498@lemmy.world on 13 Apr 13:17 collapse

This makes sense. There are many many many different types of beef. The beef we don’t value might get cheaper I guess.

Wanpieserino@lemm.ee on 13 Apr 13:14 collapse

Basically, while you’re alone. We all have eachother ☺️

Have a great time

bilnkandmissit@lemm.ee on 13 Apr 12:40 collapse

I have to wonder if all those west Texas ranchers that helped install this Turd Reich will ever even draw the connection that their vote is what destroyed their business or if it’s just another thing Hunter Biden did to them.

Isthisreddit@lemmy.world on 13 Apr 14:22 next collapse

Never underestimate the stupidity and mental gymnastics of conservatives

pulsewidth@lemmy.world on 13 Apr 14:32 collapse

The narcissist in cheif will just blame the Chinese, and they’ll agree because it’s less painful than facing that they did it to themselves.

It takes a lot of daily reinforcement to deprogram/unbrainwash people, so I don’t think it’ll happen fast unfortunately.

VitoRobles@lemmy.today on 13 Apr 14:47 collapse

Not just the Chinese. But Obama. And a side of DEI and woke.