Trump’s Tariffs to Feed Starving People Around the World

US President Donald Trump maintains that trade wars are good and easy to win.

On the good side, he intends to use some of the billions of dollars in tariffs the US is collecting on Chinese imports to send US food aid to impoverished nations.

On the easy to win side, Trump says the US is ‘right where we want to be with China’. Trump stated it was Beijing who ‘broke the deal with us’. But when they attempted to renegotiate Trump put his foot down.

And while the rest of the world is holding their breath, Trump is positive the US will be triumphant.

Trump’s Twitter blow shocks China

Following a sudden Twitter announcement from the US President threatening to hike tariffs, tensions escalated on Friday as the plan was cemented — placing tariffs on US$200 billion (AU$286 billion) worth of Chinese goods, Reuters reports.

Trump again took to Twitter on Sunday to announce the next round of changes to the US policy with China. One which includes using some of the tariff benefits to help feed starving people across the planet.

‘We will be taking in Tens of Billions of Dollars in Tariffs from China. Buyers of product can make it themselves in the USA (ideal), or buy it from non-Tariffed countries.

‘We will then spend (match or better) the money that China may no longer be spending with our Great Patriot Farmers (Agriculture), which is a small percentage of total Tariffs received, and distribute the food to starving people in nations around the world!’

The Australian federal election is fast approaching, and we want to hear from you on what you think the results will be. Cast your vote in our election poll here!

Not just the Chinse feeling the tariff sting

While Trump insists that China is bearing some 75% of the tariff burden, not all economists agree with the US President.

They cite bicycles and pet supplies among other products costing more in the US due to the trade war.

Of course, in a nation long struggling to stoke inflation that may also be going according to Trump’s plans.

In the meantime, both sides claim that ongoing trade negotiations continue to be fruitful. With citizens in both nations paying more for numerous items and China’s economy slowing dangerously, a ‘great new deal’ may be just over the horizon.

POLL: Who do you think will be the next Prime Minister? Click here to vote now.

The Australian Tribune Editorial

The Australian Tribune Editorial

The Australian Tribune is an unorthodox news service. Your Australian Tribune editorial team deliver the unfiltered stories that could impact your daily life — political and economic stories you’re unlikely to get anywhere else. And we’re not afraid to step on some toes to do it. We are honest, conservative and never dull. We are an independent service, meaning we don’t answer to shareholders or outside advertisers. This helps avoid conflicts of interest that inhibit mainstream sources, which keeps our voice independent. The Australian Tribune is owned and operated by Port Phillip Publishing.
Comments: 0

Your email address will not be published. Required fields are marked with *