Ohio Soybean Farmers Need China Trade, Not Aid for Competitors

Ohio Soybean Farmers Need China Trade, Not Aid for Competitors

WORTHINGTON, Ohio — Earlier this week, the Argentine government announced it would waive taxes on its soybean exports, resulting in a purchase of 35 vessels of soybeans by China. On Sept. 24, the U.S. government announced it will extend a $20 billion aid package to the Argentine government and potentially make a purchase of the country’s foreign bonds. The timing of this news is particularly troubling as farmers begin to harvest a crop that may …

Michael Hudson - The Great Soybean Divorce: How China Moved On from America - Brave New Europe

Trump’s policies are destroying key elements of U.S. economic prosperity Michael Hudson is an American economist, a professor of economics at the University of Missouri–Kansas City, and a researcher at the Levy Economics Institute at Bard College. He is a former Wall Street analyst, political consultant, commentator, and journalist. Cross-posted from Michael’s website Photo by Daniela Paola Alchapar on Unsplash Trump has created a crisis for U.S…