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by 8note
36 days ago
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some other options than buying american: - tap into a reserve, like buying from china itself
- buy from somebody else who grows their industry
- consume less and produce less of the downstream item
- swap to an alternative input, eg. canola its a national security issue to take dependencies on imports to or exports from america now. if a nation does, it will be part of trade negotiation, where the benefit from the US outweighs the liability. If you havent watched the Carney Davos speech, its worth a watch or a rewatch - this is how the world is thinking about US trade. Significantly risky. I think the US soy price still has room to go down, as other countries take over the production, and have favoured nation agreements with each other idk if its really a bif deal though, farmers grow soy because its good for their fields, and getting to sell it is an extra bonus. if a farmer is dependent on selling the soy, they probably arent doing so well overall |
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