Yanglin Soybean, Inc (fka YSYB)

[sunsailor]

1st 25% China $34B tariffs hit July 6th plus $16B more soon.
"And the effects of the multi-front trade dispute are already being felt. US lumber prices are up 32% since the president announced a 21% tariff on Canadian lumber imports. The National Association of Home Builders estimates that the tariffs will result in about 9,400 construction jobs lost, raising the price of the average single-family home by $9,000. In response to US moves to target steel and aluminium imports, the EU has targeted $3.3bn of American products, a list that includes including 25% duties on Harley-Davidson motorcycles, Levi’s jeans and bourbon whiskey, created in response to Trump’s initial barriers to imported aluminium and steel. The EU list includes 200 categories, including various types of corn, rice, orange juice, cigarettes, cigars, T-shirts, cosmetics, boats and steel. As it stands, the first wave of Chinese 25% tariffs will hit $34bn in US goods and take effect on 6 July, with another $16bn still to be scheduled. They included a variety of agricultural products, including soybeans, corn and wheat along with beef, pork and poultry, plus automobiles. A second set of tariffs to begin at a later date span other goods including coal, crude oil, gasoline and medical equipment . Both China and the EU have been politically motivated in their choice of US products to target. Take the swing-state of Wisconsin. Trump carried the state by less than 1% in the 2016 presidential election and it is the home state of the outgoing House speaker, Paul Ryan. Harley-Davidsons are manufactured in the state. A further loss of jobs to the already troubled brand could prove unpopular with Wisconsin’s voters, many of whom are employed in agriculture, another target of tariffs.

Or take the largest item on the Chinese list due to take effect in two weeks – soybeans . They are grown in Iowa and Nebraska, both Trump states; bourbon on the EU list comes from Kentucky, another Trump state, home of the Senate majority leader, Mitch McConnell. Chinese tariff hikes on oranges will hit growers in the swing-state of Florida.

Dan Ikenson, director of Cato’s Herbert A Stiefel Center for Trade Policy Studies, says that the tariffs could cost the US economy $100bn – roughly equal to the gains from Trump’s corporate tax cuts. The third-largest market for U.S. exports, China uses the dollars received from American imports to purchase vast amounts of goods, from Boeing airplanes to soybeans to over $54 billion worth of services in 2016 alone. Dollars also find their way back from China through a variety of other means including foreign direct investment .

This dynamic is repeated across the range of U.S. trading partners, with foreigners consuming over $2.2 trillion of U.S. goods and services and injecting over $373 billion worth of FDI into the United States in 2016 alone. Beyond the jobs provided by exports, such investment is estimated to provide employment for 6.8 million U.S. workers."

Chinese retaliatory tariffs aim to hit Trump in his electoral base
https://www.theguardian.com/business/2018/jun/24/tariffs-trump-china-red-states-retaliation?CMP=Share_iOSApp_Other


CONGLOMERATE YANGLIN SOYBEAN GROUP IS A ( 1.4+ Billion consumers )) SUPER MONOPOLY FOR NON-GMO & ORGANIC !

Plus many millions exported even more across Asia, Indonesia, Micronesia, Melanesia,, & BEYOND!

YSYB will Rocket, Rock & Roll Your World >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>