Texas is losing in Trump's trade war with China: Difference between revisions

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|quote=Small, family-owned business are among the hardest hit, especially those that export to or import goods from China. But the toll is beginning to be felt by giants like Apple and Caterpillar, who've seen their stock values tumble as stiff tariffs on technology and machinery are becoming a reality. But in Texas, a state with more farms and ranches than any other, no one is getting hit as hard as those in the ag industry. In our state and across the country, producers of cotton, soybeans, corn, feed grains and other crops are struggling financially with farm loan bankruptcies and delinquencies spiking recently due in part to poor weather but also the intensifying trade war.
|quote=Small, family-owned business are among the hardest hit, especially those that export to or import goods from China. But the toll is beginning to be felt by giants like Apple and Caterpillar, who've seen their stock values tumble as stiff tariffs on technology and machinery are becoming a reality. But in Texas, a state with more farms and ranches than any other, no one is getting hit as hard as those in the ag industry. In our state and across the country, producers of cotton, soybeans, corn, feed grains and other crops are struggling financially with farm loan bankruptcies and delinquencies spiking recently due in part to poor weather but also the intensifying trade war.
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{{Opinion|China–United States trade war|Trade war is good for the United States|for}}
{{Opinion|China–United States trade war|Trade war is good for the United States|against}}

Latest revision as of 18:12, October 14, 2019

This is an opinion item.

Author(s) The Dallas Morning News editorial board
Source The Dallas Morning News
Date August 30, 2019
URL https://www.dallasnews.com/opinion/editorials/2019/08/30/texas-is-losing-in-trump-s-trade-war-with-china/
Quote
Quotes-start.png Small, family-owned business are among the hardest hit, especially those that export to or import goods from China. But the toll is beginning to be felt by giants like Apple and Caterpillar, who've seen their stock values tumble as stiff tariffs on technology and machinery are becoming a reality. But in Texas, a state with more farms and ranches than any other, no one is getting hit as hard as those in the ag industry. In our state and across the country, producers of cotton, soybeans, corn, feed grains and other crops are struggling financially with farm loan bankruptcies and delinquencies spiking recently due in part to poor weather but also the intensifying trade war. Quotes-end.png


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This item argues against the position Trade war is good for the United States on the topic China–United States trade war.