Author Topic: The first casualties of Trump's trade wars are Texas cattle ranchers  (Read 327 times)

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Offline AbaraXas

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....But the Texas cattle rancher now faces a new threat: the Trump administration's blundering, blustering trade policy. By threatening a trade war with Mexico within days of inauguration, the president helped trigger a slide in cattle futures. Mexico is a major export market. By sinking the Trans-Pacific Partnership, the new administration cut off long-sought access to the Japanese market. Now banks have raised the conditions for collateral for loans for ranchers.....

https://www.dallasnews.com/opinion/commentary/2017/02/16/first-casualties-trumps-trade-wars-texas-cattle-ranchers





Offline IsailedawayfromFR

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Re: The first casualties of Trump's trade wars are Texas cattle ranchers
« Reply #1 on: August 11, 2017, 02:19:10 PM »
I raise cattle and have not seen the drop.

In fact, cattle prices have been up since Trump took office.

https://www.investing.com/commodities/feed-cattle-streaming-chart
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Offline truth_seeker

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Re: The first casualties of Trump's trade wars are Texas cattle ranchers
« Reply #2 on: August 11, 2017, 02:42:06 PM »
I raise cattle and have not seen the drop.

In fact, cattle prices have been up since Trump took office.

https://www.investing.com/commodities/feed-cattle-streaming-chart

Dueling cattle futures bout, starring

--Real cattle rancher

vs.

--MBA with internet connection and agenda

Let the games begin.
"God must love the common man, he made so many of them.�  Abe Lincoln


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