Tariffs...what to make of them.

Hey new tariffs on lumber and bathroom stuff today....well at least all of this tariff money is paying off the debt...oh wait

Fox news, fair and balanced link 🤣

www.foxbusiness.com

CBO reports $1.8 trillion federal deficit as debt costs hit record $1 trillion

The Congressional Budget Office reported a $1.8 trillion federal deficit for fiscal year 2025, driven in part by a record $1 trillion interest costs from servicing the national debt.
www.foxbusiness.com www.foxbusiness.com
 
HUH???

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Cooking Oil Embargo on China

President Trump may halt cooking oil trade with China in response to Beijing’s refusal to buy U.S. soybeans since May 2025. China previously purchased 27 million metric tons of U.S. soybeans worth $12.8 billion in 2024 but now sources them from Brazil and Argentina.

The U.S. agreed to a $20 billion currency swap with Argentina, which suspended soybean export taxes. Trump cited China’s actions as economically hostile and proposed cutting cooking oil imports, despite China’s record exports of used cooking oil, with the U.S. buying 43% of it.

Trade tensions escalated as Trump threatened doubled tariffs from November 1. China’s economy shows deflation and weak demand amid ongoing disputes.

Sources: Bloomberg, Reuters, CNBC, Barrons.



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I had an idea - we can save the farmers by eating more soy bean products.
no need for a bailout.
solves a bunch of problems.

now about that biodiesel.
if we can have McDonalds sell fried mcTofu, we would be able to replace the used cooking oil import problem locally.

 
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