Australian beef has replaced U.S. supply in China since Donald Trump returned to the White House, funnelling hundreds of millions of dollars that have in previous years gone to the U.S. cattle industry into Australian pockets.

U.S. shipments to China, worth around $120 million a month, collapsed after Beijing in March allowed permits to expire at hundreds of American meat facilities and as Trump unleashed a tit-for-tat tariff war.

Other U.S. farm exports to China, the world’s biggest food importer, have also suffered since Trump retook power. On soybeans alone, U.S. farmers have lost out on shipments worth billions of dollars during the current harvest season.

  • mojofrododojo@lemmy.world
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    9 hours ago

    valid, but the context of this discussion was economics. cybersteel thinks “Idk feels more like the Dems and Biden failed the US” - in many contexts this can be valid, but in the specific context of the article posted, the economic impact of silly tariffs and self owns - the biden admin did fine by the economy over all, and the numbers are there on poltifact.

    you’re certainly entitled to whatever opinions but if you tell me “Idk feels more like the Dems and Biden failed the US. Obama, for all his faults, managed to turn things around despite the poor gwb years.” in a discussion about economics, while I don’t laud the guy, the admin managed to turn the economy around 180 from trump - that’s based on data easily discernable (and with cited notations) on the poltifact article.