3,612
 

Dec 4 - trump's Trade War Has Cost Nebraska 1 Billion, Thousands Of Jobs


 


section   (0 bx goons and 1 bystanders) Share this on Twitter       Share this on Facebook
 

 1 week ago '10        #1
697 page views
41 comments


Bandito 127 heat pts127
space
space
space
$6,605 | Props total: 12634 12634
Dec 4 - trump's Trade War Has Cost Nebraska 1 Billion, Thousands Of Jobs
 

 
Retaliatory tariffs cost Nebraska agriculture $1 billion, report

Retaliatory tariffs triggered by U.S. steel and aluminum tariffs imposed by the trump administration have led to between $700 million and $1 billion in lost farm income in Nebraska this year, according to a report released Monday by the Nebraska Farm Bureau.

Additional costs include between $164 million and $242 million in lost labor income, along with the loss of 4,100 to 6,000 jobs, the economic analysis stated.

"This report provides a clear picture of how much we've lost due to those tariffs and the need to improve our trade relations," Nebraska Farm Bureau President Steve Nelson said.

President donald trump imposed steep U.S. tariffs on steel and aluminum imports earlier this year.

In a news release summarizing the retaliatory impact on Nebraska agriculture, the Farm Bureau steered clear of any criticism of the president, avoiding even mentioning his name.

image

"International trade is critical to agriculture," Nelson said.

"In most years, the value of agriculture exports will equal roughly 30 percent of the total agricultural commodity receipts or sales for the state of Nebraska."

The economic analysis prepared for the Farm Bureau specifically examined the impact on corn, soybeans and hogs, the products most affected by the retaliatory tariffs.

"The total loss in Nebraska farm revenues due to the retaliatory tariffs ranges from $695 million to $1.026 billion so far in 2018," Jay Rempe, Nebraska Farm Bureau senior economist and co-author of the new report, stated.

"That's roughly 11 to 16 percent of the export values of Nebraska agricultural goods in 2017."

The total loss to the broader Nebraska economy was estimated as high as $1.2 billion. That, Rempe said, is "a significant hit to our state's economy."


Looking forward, the report called for congressional approval of the new trade agreement forged by the United States, Mexico and Canada, along with elimination of the recent U.S. steel and aluminum tariffs.

In addition, the report urged swift action to secure free-trade agreements with Japan and with the European Union, along with U.S. inclusion in the Trans-Pacific Partnership trade agreement or bilateral trade agreements with TPP nations, as well as a multinational approach toward China.

Earlier, in an upbeat a.ssessment of the potential for substantial property tax relief, Nelson said "we are turning the corner" in gaining legislative support for meaningful action.

Read more here on the property tax relief proposal
visit this link https://journalstar.com/n .. c3391bcea.html

They not even making enough to cover their property taxes. That's probably also affecting their spending on machinery upkeep.

Previous thread on the effect of the trade war on soy bean growers.
visit this link https://boxden.com/showth .. .php?t=2675035
+7   

41 comments for "Dec 4 - trump's Trade War Has Cost Nebraska 1 Billion, Thousands Of Jobs"

 1 week ago '18        #2
Lord God 51 heat pts51
space
avatar space
space
$3,511 | Props total: 16217 16217

In a news release summarizing the retaliatory impact on Nebraska agriculture, the Farm Bureau steered clear of any criticism of the president, avoiding even mentioning his name.

[pic - click to view]




Willing idiots deserve what they get.
+26   

 1 week ago '18        #3
Taco 
space
space
space
$98 | Props total: 643 643
and those fu*king idiots will continue to vote republic*nts.

this country is such a trash a.ss country filled with trash a.ss people
+12   

Top 10 most propped recently  1 week ago '17        #4
Naga Sadow 14 heat pts14
space
avatar space
space
$8,909 | Props total: 35947 35947
#MAGAWinning

+8   

 1 week ago '07        #5
Ham Rove 3533 heat pts3533
space
avatar space
space
$57,475 | Props total: 31023 31023
But how owned are the libs though?
+14   

 1 week ago '16        #6
Solo214 
space
space
space
$1,160 | Props total: 1617 1617
 Bandito said
Retaliatory tariffs cost Nebraska agriculture $1 billion, report

Retaliatory tariffs triggered by U.S. steel and aluminum tariffs imposed by the trump administration have led to between $700 million and $1 billion in lost farm income in Nebraska this year, according to a report released Monday by the Nebraska Farm Bureau.

Additional costs include between $164 million and $242 million in lost labor income, along with the loss of 4,100 to 6,000 jobs, the economic analysis stated.

"This report provides a clear picture of how much we've lost due to those tariffs and the need to improve our trade relations," Nebraska Farm Bureau President Steve Nelson said.

President donald trump imposed steep U.S. tariffs on steel and aluminum imports earlier this year.

In a news release summarizing the retaliatory impact on Nebraska agriculture, the Farm Bureau steered clear of any criticism of the president, avoiding even mentioning his name.



"International trade is critical to agriculture," Nelson said.

"In most years, the value of agriculture exports will equal roughly 30 percent of the total agricultural commodity receipts or sales for the state of Nebraska."

The economic analysis prepared for the Farm Bureau specifically examined the impact on corn, soybeans and hogs, the products most affected by the retaliatory tariffs.

"The total loss in Nebraska farm revenues due to the retaliatory tariffs ranges from $695 million to $1.026 billion so far in 2018," Jay Rempe, Nebraska Farm Bureau senior economist and co-author of the new report, stated.

"That's roughly 11 to 16 percent of the export values of Nebraska agricultural goods in 2017."

The total loss to the broader Nebraska economy was estimated as high as $1.2 billion. That, Rempe said, is "a significant hit to our state's economy."


Looking forward, the report called for congressional approval of the new trade agreement forged by the United States, Mexico and Canada, along with elimination of the recent U.S. steel and aluminum tariffs.

In addition, the report urged swift action to secure free-trade agreements with Japan and with the European Union, along with U.S. inclusion in the Trans-Pacific Partnership trade agreement or bilateral trade agreements with TPP nations, as well as a multinational approach toward China.

Earlier, in an upbeat a.ssessment of the potential for substantial property tax relief, Nelson said "we are turning the corner" in gaining legislative support for meaningful action.

Read more here on the property tax relief proposal


They not even making enough to cover their property taxes. That's probably also affecting their spending on machinery upkeep.

Previous thread on the effect of the trade war on soy bean growers.
One billion ainít sh*t anymore the war budget a trillion now
+1   

 1 week ago '13        #7
Taree 8 heat pts
space
avatar space
space
$9,164 | Props total: 18695 18695

@ @ @ @ @ @ come spin this into a win for your hero.




























Checkmate n*ggas
+7   

 1 week ago '18        #8
Proffesor X 11 heat pts11
space
avatar space
space
$1,617 | Props total: 6152 6152
So his policies are affecting the people who supported him the most.......while most of those who hate his guts are benefitting from Pre Obama policies.got to fu*king love it.
+9   

 1 week ago '08        #9
flav 2 heat pts
space
avatar space
space
$3,836 | Props total: 5690 5690
well that sucks


[pic - click to view]




@ are you gonna summon us at EVERY thread that mentions Trump?



you dumbfu*k
-2   

 1 week ago '10        #10
Bandito 127 heat pts127 OP
space
space
space
$6,605 | Props total: 12634 12634
 Solo214 said
One billion ainít sh*t anymore the war budget a trillion now
It's a big loss to a single state like Nebraska. Their entire state budget is a little bit below 9 billion. You can't compare them to the feds or even another state like California that has a budget of over 200 billion.
+8   

 1 week ago '12        #11
Heisenberg 137 heat pts137
space
avatar space
space
$21,247 | Props total: 27018 27018
 Ham Rove said
But how owned are the libs though?
thats all that matters
+9   

 1 week ago '18        #12
DUCEDUCE 2 heat pts
space
avatar space
space
$1,250 | Props total: 5130 5130
Reap what you sow literally.
+2   

 1 week ago '17        #13
Ymmot 9 heat pts
space
space
space
$7,434 | Props total: 17552 17552
 flav said
well that sucks


[pic - click to view]




@ are you gonna summon us at EVERY thread that mentions Trump?



you dumbfu*k
Look at dumbledorf over here talking about summoning spells again. This is your boy @?
+4   

 1 week ago '08        #14
flav 2 heat pts
space
avatar space
space
$3,836 | Props total: 5690 5690
 Ymmot said
Look at dumbledorf over here talking about summoning spells again. This is your boy @?
"summoning spells"

you're stuck in the video game lifestyle...


...all the while accusing people of such who just happen to use English


idiot
-1   

 1 week ago '17        #15
Ymmot 9 heat pts
space
space
space
$7,434 | Props total: 17552 17552
 flav said
"summoning spells"

you're stuck in the video game lifestyle...


...all the while accusing people of such who just happen to use English


idiot
You use smilies on an internet forum to laugh at your own jokes. Just saying.
+1   

 1 week ago '17        #16
Rich130 107 heat pts107
space
avatar space
space
$2,692 | Props total: 7469 7469
@
@

+4   

 1 week ago '08        #17
flav 2 heat pts
space
avatar space
space
$3,836 | Props total: 5690 5690
 Ymmot said
You use smilies on an internet forum to laugh at your own jokes. Just saying.


WOW

what a comeback



+1   

 1 week ago '17        #18
Ymmot 9 heat pts
space
space
space
$7,434 | Props total: 17552 17552
 flav said


WOW

what a comeback



Whoa, did you finally realize you're a real life loser? It kinda feels like you just broke there.
+1   

 1 week ago '08        #19
flav 2 heat pts
space
avatar space
space
$3,836 | Props total: 5690 5690
 Ymmot said
Whoa, did you finally realize you're a real life loser? It kinda feels like you just broke there.
feelings again


your boring comebacks are making me sleepy


breaking what? idiot
-1   

 1 week ago '12        #20
OldBusiness 172 heat pts172
space
avatar space
space
$27,054 | Props total: 41328 41328
@ that n*gga Hov ain't tell yiu I be right? Find me a blue state taking losses off the tariffs like Nebraska, Iowa, and Missouri.


Hes starving his own people and yall to stupid to say enough is enough.

And @ stop dodging me.n*gga. come in this thread and admit this sh*tfest has to stop. Yall k!lling communities because your heads to far up your a.ss to say "okay yall right".

We gone hit a full blown recession.

Billion fu*king dollars for poor a.ss Nebraska. This sh*t is sickening.
+10   

 1 week ago '15        #21
MemphisBleek 1 heat pts
space
avatar space
space
$383 | Props total: 780 780
 OldBusiness said
@ that n*gga Hov ain't tell yiu I be right? Find me a blue state taking losses off the tariffs like Nebraska, Iowa, and Missouri.


Hes starving his own people and yall to stupid to say enough is enough.

And @ stop dodging me.n*gga. come in this thread and admit this sh*tfest has to stop. Yall k!lling communities because your heads to far up your a.ss to say "okay yall right".

We gone hit a full blown recession.

Billion fu*king dollars for poor a.ss Nebraska. This sh*t is sickening.
Now tell me why you mentioned me ?
-1   

 1 week ago '07        #22
stogz 19 heat pts19
space
avatar space
space
$45,875 | Props total: 52383 52383
did they vote trump?

if so, congrats to them. They getting what they voted for.
+9   

Top 10 most propped recently  1 week ago '18        #23
niruggg 23 heat pts23
space
avatar space
space
$3,990 | Props total: 10837 10837

[pic - click to view]

+4   

 1 week ago '04        #24
erickonasis 22 heat pts22
space
avatar space
space
$30,476 | Props total: 27065 27065

[tweet - click to view]

+12   

 1 week ago '10        #25
Bandito 127 heat pts127 OP
space
space
space
$6,605 | Props total: 12634 12634
 stogz said
did they vote trump?

if so, congrats to them. They getting what they voted for.
He won every county in the state except two. Those two counties are where the two largest cities are. Omaha and Lincoln. The University Of Nebraska is in Lincoln and Omaha is actually a city that employs a lot of tech workers and has the headquarters of a few Fortune 500 companies.

So, all the counties in the state with farms went for trump.
+10   

Home      
  



 
 





most viewed right now
+169online now  40
Image(s) inside Southern Belle Christina
71 comments
1 day ago
@thotsdimesetc
most viewed right now
+41online now  31
Image(s) inside Air Jordan 4 "Reasonable Doubt"
32 comments
1 day ago
@gear
most viewed right now
+29online now  30
Video inside Would You Do The Shyt He's Doing In A Mall In Your City? 'Smash or Pass'
111 comments
1 day ago
@thotsdimesetc
most viewed right now
online now  20
Image(s) inside AQUAMAN Reviews Are Out
63 comments
1 day ago
@movies
most viewed right now
+153online now  18
Image(s) inside Htown Be Having Those Women
176 comments
2 days ago
@thotsdimesetc
most viewed right now
+67online now  13
Image(s) inside Slim Doo Doo Makers
48 comments
1 day ago
@thotsdimesetc
most viewed right now
+27online now  13
Video inside R.Kelly responds to Jacquees king of RnB comment and he's letting the u..
71 comments
22 hours ago
@hiphop
most viewed right now
+58online now  13
Music Video gets 20 niggas indicted
214 comments
1 day ago
@hiphop
back to top
register contact Follow BX @ Twitter Follow BX @ Facebook search BX privacy