Craig Griffune
👤 PersonAppearances Over Time
Podcast Appearances
So at the start of 2018, during President Trump's first administration, he opts not to arbitrate these disputes the normal way by going to the World Trade Organization. Instead, Trump uses his favorite tool, tariffs. He puts tariffs on a bunch of Chinese products, including flat screen TVs, medical devices and batteries. The idea is that the tariffs will make these Chinese products more expensive.
So at the start of 2018, during President Trump's first administration, he opts not to arbitrate these disputes the normal way by going to the World Trade Organization. Instead, Trump uses his favorite tool, tariffs. He puts tariffs on a bunch of Chinese products, including flat screen TVs, medical devices and batteries. The idea is that the tariffs will make these Chinese products more expensive.
So Americans will buy less of them.
So Americans will buy less of them.
So Americans will buy less of them.
Rob says there's one story that shows just how quickly the tremors of the 2018 trade war were felt around the world. days after China announces the retaliatory tariffs.
Rob says there's one story that shows just how quickly the tremors of the 2018 trade war were felt around the world. days after China announces the retaliatory tariffs.
Rob says there's one story that shows just how quickly the tremors of the 2018 trade war were felt around the world. days after China announces the retaliatory tariffs.
Yeah. And presumably now the buyer in China does not want to pay the extra fee.
Yeah. And presumably now the buyer in China does not want to pay the extra fee.
Yeah. And presumably now the buyer in China does not want to pay the extra fee.
They are just trying to find some port where some buyer will take this grain off of their hands.
They are just trying to find some port where some buyer will take this grain off of their hands.
They are just trying to find some port where some buyer will take this grain off of their hands.
Exactly, exactly. And it is clear to Rob and the others at the USDA that this is not just going to be a problem for sorghum. China is likely going to put more retaliatory tariffs on all sorts of other U.S. crops and livestock.
Exactly, exactly. And it is clear to Rob and the others at the USDA that this is not just going to be a problem for sorghum. China is likely going to put more retaliatory tariffs on all sorts of other U.S. crops and livestock.
Exactly, exactly. And it is clear to Rob and the others at the USDA that this is not just going to be a problem for sorghum. China is likely going to put more retaliatory tariffs on all sorts of other U.S. crops and livestock.
Now, American farmers on those American farms, they are, of course, getting a little worried as they follow everything that is happening.
Now, American farmers on those American farms, they are, of course, getting a little worried as they follow everything that is happening.
Now, American farmers on those American farms, they are, of course, getting a little worried as they follow everything that is happening.