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Reply to "Trump 47 Economy"
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[quote=Anonymous][quote=Anonymous]China is switching from American to Canadian oil. Chinese purchases of American oil are down **90%** year on year. Purchases of oil from Canada are up +700%. That equates to a $20 BILLION annual loss for the United States, at current oil prices. Does anyone reading this think china will change back to US oil anytime soon?[/quote] China already halted their imports of US LNG in January. They largely switched to buying soybeans from Brazil instead of the US during Trump tariffs round 1 in his first term and never switched back. Now they are canceling what little remained. US soybean farmers are going to be bailed out by Trump again. His theory about tariffs has many many flaws, and one of the glaring ones is that countries don't have ever buy from you again, especially when you provide commodities that can be bought elsewhere very easily. [/quote]
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