U.S. businesses, farmers decry tariff bullies in Washington
                 Source: Xinhua | 2018-07-07 01:50:14 | Editor: huaxia

An incoming truckload of soybeans is unloaded at a farm in Fargo, North Dakota, U.S., Dec. 6, 2017. (Xinhua/REUTERS)

WASHINGTON, July 6 (Xinhua) -- As Washington's ill-advised tariffs against China took effect early Friday, U.S. businesses and farmers joined the chorus to decry the provocative policy which they feared would backfire on the U.S. economy.

The Chinese response, announced by the Chinese Ministry of Commerce following Washington's decision, is set to impact a slew of U.S. agricultural products and industries, ranging from soybeans to seafood.

The potential retaliation has sent jitters to U.S. businesses, prompting many to urge policymakers to roll back the detrimental measures.

For many soybean farmers in the U.S. Midwest who are likely to bear the brunt of retaliatory tariffs, the decisions made by the White House can make the difference from prosperity or bankruptcy.

Hundreds are appealing to the administration on social media with the hashtag #facesoftariffs, reminding politicians that livelihoods stand to lose should trade tensions between the world's largest and second largest economies escalate.

China is the top export market for U.S. soybeans, accounting for almost 14 billion U.S. dollars in sales, representing roughly a third of total U.S. soybean production in 2017.

American Soybean Association President John Heisdorffer, a soybean producer from Keota, Iowa, emphasized the importance of the Chinese market and the investment U.S. farmers have devoted to cultivate the Chinese market.

"It is imperative that we maintain the robust market we have worked so hard for decades to establish with China. China is our top market, importing 31 percent of our crop last year. They have a sizeable feed industry that's dependent on soybeans, the largest swine herd in the world, the largest global aquaculture industry, and are rapidly modernizing their poultry, egg, dairy, and beef industries," he said.

"They are a vital trading partner, and we need to continue to do business with China without the sting of these tariffs," he said.

U.S. car manufacture giant General Motors (GM) is also eyeing a loss in the face of the trade wars Washington is waging.

The company's executives issued an urgent plea for U.S. lawmakers last week to apply the breaks for the tariffs.

"Increased import tariffs could lead to a smaller GM, a reduced presence at home and abroad for this iconic American company, and risk less-not more-U.S. jobs," the plea warned.

According to the statement, much of GM's efficiency and competitiveness comes from globalization, and losing its edge against its competitors can put many of its 110,000 U.S. jobs in jeopardy.

Not just corporate giants are bracing for steep sales loss, smaller family owned businesses who are caught in the crossfire are also spooked.

In Lexington in the state of Kentucky, Amir Peay operates a small distillery.

Before all the talk of tariffs, his sales were steadily rising, building on the gradual acceptance of the signature U.S. liquor in European and Asian markets.

Now, the tariffs come as "a punch to the gut," he told local media in a recent interview.

While larger distilleries who are better financed and have the hope of riding out the storm, smaller business are especially vulnerable in any disruptive trade environment.

Peay said his company had invested heavily in expanding overseas markets in the past few years in hopes of growing his business into a virtuous cycle, but the tariffs have put that in harsh perspective.

Some lawmakers who come from districts that may suffer from the trade tensions are voicing their concern to the White House, which largely has the control over the steering wheel on trade policies, saying the administration has to take into consideration of U.S. citizens who can potentially become cannon fodder if the trade war escalates.

"Mr. President, these tariffs have real consequences on states like Iowa, rural communities across the nation and on America's farms. We encourage you to act expeditiously to save our rural economies," a group of House representatives said in a letter issued on June 25.

Groups representing other industries are also speaking up.

The National Retail Federation on June 18 issued a statement saying a tit-for-tat trade war "has erupted and American families are caught in the middle. Higher prices for everyday essentials and lost jobs threaten to sap the energy out of the strong U.S. economy just as most Americans are starting to enjoy the benefits of historic tax reform. This reckless escalation is the latest reminder that Congress must step in and exert its authority on trade policy."

According to the group, if the U.S. government fully implements its threatened tariffs, U.S. gross domestic product (GDP) may decline by nearly 3 billion dollars and lead to the loss of 134,000 American jobs. Imposing tariffs on an additional 100 billion dollar of Chinese imports would cause a 49-billion-dollar reduction in GDP and a loss of 455,000 jobs.

But the earnest requests seem to be lost on administration officials, who are willfully ignoring the chorus of pleas from Americans of all walks of life.

Back to Top Close
Xinhuanet

U.S. businesses, farmers decry tariff bullies in Washington

Source: Xinhua 2018-07-07 01:50:14

An incoming truckload of soybeans is unloaded at a farm in Fargo, North Dakota, U.S., Dec. 6, 2017. (Xinhua/REUTERS)

WASHINGTON, July 6 (Xinhua) -- As Washington's ill-advised tariffs against China took effect early Friday, U.S. businesses and farmers joined the chorus to decry the provocative policy which they feared would backfire on the U.S. economy.

The Chinese response, announced by the Chinese Ministry of Commerce following Washington's decision, is set to impact a slew of U.S. agricultural products and industries, ranging from soybeans to seafood.

The potential retaliation has sent jitters to U.S. businesses, prompting many to urge policymakers to roll back the detrimental measures.

For many soybean farmers in the U.S. Midwest who are likely to bear the brunt of retaliatory tariffs, the decisions made by the White House can make the difference from prosperity or bankruptcy.

Hundreds are appealing to the administration on social media with the hashtag #facesoftariffs, reminding politicians that livelihoods stand to lose should trade tensions between the world's largest and second largest economies escalate.

China is the top export market for U.S. soybeans, accounting for almost 14 billion U.S. dollars in sales, representing roughly a third of total U.S. soybean production in 2017.

American Soybean Association President John Heisdorffer, a soybean producer from Keota, Iowa, emphasized the importance of the Chinese market and the investment U.S. farmers have devoted to cultivate the Chinese market.

"It is imperative that we maintain the robust market we have worked so hard for decades to establish with China. China is our top market, importing 31 percent of our crop last year. They have a sizeable feed industry that's dependent on soybeans, the largest swine herd in the world, the largest global aquaculture industry, and are rapidly modernizing their poultry, egg, dairy, and beef industries," he said.

"They are a vital trading partner, and we need to continue to do business with China without the sting of these tariffs," he said.

U.S. car manufacture giant General Motors (GM) is also eyeing a loss in the face of the trade wars Washington is waging.

The company's executives issued an urgent plea for U.S. lawmakers last week to apply the breaks for the tariffs.

"Increased import tariffs could lead to a smaller GM, a reduced presence at home and abroad for this iconic American company, and risk less-not more-U.S. jobs," the plea warned.

According to the statement, much of GM's efficiency and competitiveness comes from globalization, and losing its edge against its competitors can put many of its 110,000 U.S. jobs in jeopardy.

Not just corporate giants are bracing for steep sales loss, smaller family owned businesses who are caught in the crossfire are also spooked.

In Lexington in the state of Kentucky, Amir Peay operates a small distillery.

Before all the talk of tariffs, his sales were steadily rising, building on the gradual acceptance of the signature U.S. liquor in European and Asian markets.

Now, the tariffs come as "a punch to the gut," he told local media in a recent interview.

While larger distilleries who are better financed and have the hope of riding out the storm, smaller business are especially vulnerable in any disruptive trade environment.

Peay said his company had invested heavily in expanding overseas markets in the past few years in hopes of growing his business into a virtuous cycle, but the tariffs have put that in harsh perspective.

Some lawmakers who come from districts that may suffer from the trade tensions are voicing their concern to the White House, which largely has the control over the steering wheel on trade policies, saying the administration has to take into consideration of U.S. citizens who can potentially become cannon fodder if the trade war escalates.

"Mr. President, these tariffs have real consequences on states like Iowa, rural communities across the nation and on America's farms. We encourage you to act expeditiously to save our rural economies," a group of House representatives said in a letter issued on June 25.

Groups representing other industries are also speaking up.

The National Retail Federation on June 18 issued a statement saying a tit-for-tat trade war "has erupted and American families are caught in the middle. Higher prices for everyday essentials and lost jobs threaten to sap the energy out of the strong U.S. economy just as most Americans are starting to enjoy the benefits of historic tax reform. This reckless escalation is the latest reminder that Congress must step in and exert its authority on trade policy."

According to the group, if the U.S. government fully implements its threatened tariffs, U.S. gross domestic product (GDP) may decline by nearly 3 billion dollars and lead to the loss of 134,000 American jobs. Imposing tariffs on an additional 100 billion dollar of Chinese imports would cause a 49-billion-dollar reduction in GDP and a loss of 455,000 jobs.

But the earnest requests seem to be lost on administration officials, who are willfully ignoring the chorus of pleas from Americans of all walks of life.

010020070750000000000000011100001373067971
乐发Vll 乐发ll 乐发Ⅶ 凤凰彩票大厅 乐发lx 乐发彩票官方网站 彩神x 乐发彩票 乐发彩票 凤凰彩票大厅 大发彩票 乐发lv 大发彩票 快3彩票app下载 百姓彩票 乐发lv 乐发ll 乐发 乐发app 凤凰彩票 一分时时彩 乐发Vll 大发乐彩app 乐发彩票官方网站 凤凰彩票大厅 乐发lv 快3推荐平台 快3平台 网信快3 快彩彩票 盈彩网投资平台 彩神x 乐发Ⅲ 乐发app 凤凰彩票大厅 彩神app下载安卓版 快3平台 快3官方正版 快3app下载 极速快3 全民彩票 乐发彩票中心 凤凰快3 凤凰彩票 乐发2 凤凰彩票 网信彩票平台 快盈彩票 乐发彩票 大发彩票app 乐发VI 百姓彩票 凤凰快3 乐发ll 乐发ll 凤凰彩票app下载 盈彩网投资平台 快3app下载 乐发v官网 乐发3彩票APP 乐发III 乐发彩票官方网站 乐发lll welcome彩神 幸运快3 百姓彩票 500大发 乐发ll 乐发ll 凤凰彩票大厅 快3网站 快3平台推荐 凤凰彩票 一分时时彩 快盈彩票 彩神iv 乐发III 大发购彩 乐发lll 彩神购彩平台 幸运快3 快3平台 快3彩票官网平台 盈彩网投资平台 彩神x 凤凰快3 三分快3 乐发 大发welcome 快3平台 百姓彩票 分分快3 快3app下载 凤凰彩票app 乐发彩票ll 凤凰快3 乐发官网 凤凰彩票app 快盈彩票 网信快3 welcome凤凰彩票 大发彩票app 乐发iv首页 乐发app下载 乐发lll 乐发ll 大发彩票 大小单双平台 大发彩票 凤凰快3 乐发网投平台 乐发lv 乐发v官网 凤凰彩票app 快3网赚 快3软件 welcome彩神 幸运快3 大发官网 网信快3 乐发ll 大发500 大发彩票app 凤凰彩票购彩平台 大发彩票 快3平台官网 快3大小平台 快3彩票 分分快3 一分pk10 极速快3 乐发彩票app下载 500快3 大小单双平台 一分快3 网盟彩票 凤凰快3 welcome凤凰彩票 乐发lll 乐发 凤凰彩票大厅 网信彩票 大发官网 大发10分PK10 大发排列3 乐发∨Il 乐发lv 乐发IV 乐发ll下载app 乐发lv 乐发彩票 pk彩票 大发彩票 welcome凤凰彩票 快3官网 乐发 乐发iv首页 大发彩票 快3正规 乐发 大小单双平台 大发彩票 网盟彩票 凤凰彩票 乐发ll下载app 乐发Ⅶ 乐发app 彩神彩票官方网站 大发彩票 快3软件 快3官方 大发官网 网信快3 大发排列3 盈彩网投资平台 快3app 彩神ll平台 百姓彩票 快3大小平台 乐发app 一分pk10 极速快3 大发彩票 乐发彩票中心 凤凰彩票 凤凰彩票 网盟彩票 网信彩票 网信彩票 乐发 乐发登录入口 乐发lll下载 乐发VI 乐发 凤凰快3 乐发lv 乐发ll 大发排列3 快3彩票官网app 乐发彩票 乐发lv 凤凰彩票 快3助手 乐发3彩票APP 彩神xl 乐发彩票官方网站 彩神vl welcome彩神 乐发lx 乐发彩票2 乐发彩票中心 乐发彩票官方网站 乐发ll 快3首页 快3官网 大发彩票 快3彩票 乐发1 幸运快3官网 凤凰快3 彩神彩票官网首页 快彩彩票 快3购彩 快3app 三分快3 网信彩票 乐发app 凤凰快3 大发彩票 乐发网投资平台 彩神vl 凤凰彩票登录 全民彩票 乐发彩票app下载 乐发ll官网 乐发lv 乐发彩票ll 乐发彩票中心 乐发官网 乐发快3平台 凤凰快3 网信彩票 快3app 凤凰快3 乐发登录入口 乐发v平台 乐发1 乐发app下载 凤凰快3 乐发ll 快彩彩票 大小单双平台 乐发彩票 乐发welcome 凤凰快3 快3王者 快3平台app下载 彩神vl welcome彩神 全民彩票 大发官网 乐发app 乐发彩票app下载 乐发官网 彩神彩票 一分时时彩 快3官网 快3安全平台推荐 大发彩票 快3彩票 百姓彩票 一分pk10 彩神彩票 乐发iv 快彩彩票 百姓彩票网站网址 彩神x 快3app 大发彩票 乐发Vll 凤凰快3 乐发彩票官方网站 乐发lll 乐发lll 凤凰彩票大厅 全民彩票 快3平台 凤凰快3 乐发ll官网 乐发lll 乐发Ⅲ 乐发IV 凤凰彩票大厅 彩神xl 百姓彩票 500大发 乐发ll 乐发ll 凤凰彩票大厅 快3网站 快3平台推荐 凤凰彩票 一分时时彩 快盈彩票 彩神iv 乐发III 大发购彩 乐发lll 彩神购彩平台 幸运快3 快3平台 快3彩票官网平台 盈彩网投资平台 彩神x 凤凰快3 三分快3 乐发 大发welcome 快3平台 百姓彩票 分分快3 快3安全平台推荐 凤凰彩票 百姓彩票 一分pk10 乐发ll 大发彩票 凤凰彩票app下载 凤凰彩票 彩神x 网信平台官网 三分快3 乐发III 乐发lll下载 乐发lll 乐发 幸运快3 乐发lv 凤凰快3 乐发lv 大发彩票app 乐发lll 凤凰彩票 快3下载app 快3首页 快3平台 彩神xl 分分快3 彩神vl 乐发lll 彩神1 大发彩票 凤凰彩票官方网站 乐发lv 快3平台推荐 快3代理 快盈彩票 彩神iv welcome凤凰彩票 大发彩票 乐发app 网信快3 幸运快3 1分快3平台 网信快3 快3彩票官网平台 大发app 凤凰快3 三分快3 乐发lv 乐发app 大发彩票app 幸运5分彩快3 极速快3 凤凰彩票app 乐发lll安装 乐发ll 乐发lv 大发彩票app 乐发彩票 pk彩票 大发彩票 welcome凤凰彩票 快3官网 乐发 乐发iv首页 大发彩票 快3正规 乐发 大小单双平台 大发彩票 网盟彩票 凤凰彩票 乐发ll下载app 乐发Ⅶ 乐发app 彩神彩票官方网站 大发彩票 快3软件 快3官方 大发官网 网信快3 大发排列3 盈彩网投资平台 快3app 500彩票中快3 大发彩票 官方正规快3彩票平台 凤凰彩票 快3代理 乐发彩票 乐发 百姓彩票 网信彩票 彩神彩票 网信快3 凤凰彩票app下载 盈彩网投资平台 大发app 乐发iv游戏平台 乐发ll下载app 乐发Vll 乐发app 乐发彩票官方网站 凤凰彩票 乐发lll 极速快3 快3下载 乐发彩票中心 乐发lll安装 彩神彩票 快3赚钱平台推荐 乐发Ⅲ pk彩票 凤凰彩票大厅 百姓彩票 快3平台 乐发VI 乐发 凤凰快3 彩神彩票购彩平台 乐发lll 快3数据分析app 快3官网平台推荐 网盟彩票 凤凰彩票 网信彩票 快盈彩票 乐发3彩票APP 快3在线平台 welcome彩神 快3官方 快3app推荐 大发排列3 盈彩网投资平台 乐发彩票 凤凰快3 乐发彩票 乐发平台 百姓彩票 凤凰彩票官方 快3彩票 乐发app 大发彩票安卓下载 乐发lx 乐发彩票ll 乐发彩票中心 乐发官网 乐发快3平台 凤凰快3 网信彩票 快3app 凤凰快3 乐发登录入口 乐发v平台 乐发1 乐发app下载 凤凰快3 乐发ll 快彩彩票 大小单双平台 乐发彩票 乐发welcome 凤凰彩票大厅 乐发官网 凤凰快3 快3王者 快3平台app下载 彩神vl 大发官网 乐发app 乐发彩票app下载 乐发ll 凤凰快3 大小单双平台 快3官网平台推荐 快3彩票 网信彩票 快盈彩票 凤凰快3 welcome凤凰彩票 凤凰彩票 乐发IV welcome彩神 百姓彩票平台 大发官网 快3app推荐 乐发∨Il 乐发彩票 凤凰快3 凤凰彩票大厅 乐发lv 乐发lv 大发彩票app 快3彩票 彩神 一分pk10 大发彩票安卓下载 乐发lv入口 乐发app 乐发ll 乐发官网 大发彩票app 一分时时彩 pk彩票 凤凰快3 乐发II 乐发lll 快3网址 快3入口 快彩彩票 大小单双平台 彩神x 网盟彩票 乐发IV 乐发Vll 乐发lv 凤凰彩票app下载 彩神xl 快3平台app下载 快3大发 全民彩票 大发官网 凤凰快3 大发排列3 大发app 彩神welcome登录 一分时时彩 一分快3平台 彩神iv 快3安全平台推荐 凤凰彩票 百姓彩票 一分pk10 乐发ll 大发彩票 凤凰彩票app下载 凤凰彩票 彩神x 网信平台官网 三分快3 大发彩票 乐发ll登录 乐发III 乐发lll下载 乐发lll 乐发 幸运快3 乐发lv 大发彩票app 乐发lll 凤凰彩票 快3下载app 快3首页 快3平台