Bill’s Commentary:
“Is this an unintended, or intended, consequence?”
U.S. agriculture isn’t nearing a trade war tariff crisis, it’s in a ‘full-blown crisis already,’ farmers say
The clock is ticking on trade deals that the U.S. will need to strike with many nations, most notably China, to avoid what President Donald Trump’s Treasury secretary, Scott Bessent, has described as an unsustainable tariff war. But in the U.S. farming sector, the damage has already been done and the economic crisis already begun.
U.S. agriculture exporters say the global backlash to Trump’s tariffs is punishing them, especially through a decline in Chinese buying of U.S. farm products, leading to canceled export orders and layoffs.
Peter Friedmann, executive director of the Agriculture Transportation Coalition, or AgTC, a leading export trade group for farmers, told CNBC the number of canceled purchases of U.S. agricultural products should not be described as approaching a crisis. “It is a full-blown crisis already,” he said.
Bill’s Commentary:
“Ready or not, here it comes!”
BRICS: China Officially Launches Plan to Promote Its Own Payment System
BRICS member China officially rolled out a plan to promote its own payment system to replace SWIFT. The Communist country aims to reduce US dollar dependency to confront Washington’s aggressive stance on trade and tariffs. The new plan was jointly released by the Shanghai municipal government and the People’s Bank of China, the country’s central bank.
Also Read: BRICS: India Plays ‘Double Game’ With the US Dollar?
The new payment system from BRICS member China will incorporate the Chinese yuan through the Cross-Border Interbank Payment System (CIPS). China wants to leverage its dominance in the manufacturing and trade sector and push the Chinese yuan for settlements.
Bill’s Commentary:
“Welcome to the party pal!”
The latest from USA Watchdog –
https://usawatchdog.com/stop-the-digital-control-grid-catherine-austin-fitts/
Bill’s Commentary:
“As the world turns away from the dollar, the US only has itself to blame…”
The latest from Erik –
BillHolter.com 
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