XPost: alt.fan.rush-limbaugh, alt.politics.republicans, alt.politics
XPost: talk.politics.guns
On 8/9/25 07:20, -hh wrote:
On 8/8/25 20:03, הוֹפָעָה wrote:
"https://www.youtube.com/watch?v=drmu2Qqleb0"
You idiot MAGAts are being taken to the cleaners by your Emperor, but
you are too stupid to realise it.
Suck it up sunshines!
The July tariff revenues are the equivalent of a +1% increase in
marginal income tax rates ... but only if your income is over $150K/yr.
If its less than $150K, its more than +1%.
At the Median income of ~$80K, its a +2% tax increase.
And the big tariff increases haven't even hit yet.
(China's next deadline is 8/12).
8/11 update:
TACO'ed to November 9th:
<
https://www.reuters.com/world/china/trump-signs-order-extending-china-tariff-truce-by-90-days-white-house-says-2025-08-11/>
Meantime, TACO Don is begging China to quadruple their Soybean imports.
Hmmm...doesn't this sounds like 2018 all over again?
In the meantime:
"New-Crop U.S. Soybean Export Sales at 20-Year Low"
By Farmdoc Published on August 4, 2025
"That volume is a 20-year low for the date and is down 12% from last year."
"New-crop sales are struggling because China has yet to buy a single
cargo, and this is China's latest start in the U.S. bean market since
2005. However, in 2005, the first Chinese purchase came during the week
ended Aug. 11," Braun reported. "If China sits out beyond that [time
frame] this year, it will be the latest they have waited to start buying
since at least 1999, the extent of [the] USDA’s online database. This
would thrust the U.S.-China soybean trade flow into uncharted waters."
<
https://www.agriculture.com/partners-new-crop-u-s-soybean-export-sales-at-20-year-low-11784050>
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