China imported no soybeans from the U.S. in September, the first time since November 2018 that shipments fell to zero, while South American shipments surged from a year earlier, as buyers shunned American cargoes during the ongoing trade dispute between the world’s two largest economies.

  • cmbabul@slrpnk.net
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    1 day ago

    Mia Wong of Cool Zone Media has been screaming this from her own mountains of madness since at least April 2nd. This is going to cause cascading impacts across the economy

    • UnderpantsWeevil@lemmy.world
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      1 day ago

      We’re at war with a far right authoritarian government intent on destroying our way of life and conquering the entire world. The Chinese Communist Party has to be stopped at all costs. This is a small price to pay in order to bring an end to Xi’s Totalitarian Regime.

      Google “Tiananmen Square” and then get back to me, if you don’t think this is serious.

      • flandish@lemmy.world
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        1 day ago

        had me in the first part, the US is indeed far right and authoritarian. and must be stopped. 😉

      • unexposedhazard@discuss.tchncs.de
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        20 hours ago

        China will 100% win this war tho lol. They have all the resources, manufacturing capacity, etc. The US is a dead shell with no ability to self sustain without global trade.

        • UnderpantsWeevil@lemmy.world
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          20 hours ago

          China will 100% win this war tho lol.

          I mean, more seriously, it’s not a war anyone can win. China’s insourcing a lot of their productive capacity, but not because they love the idea of jettisoning all the talented Western engineers and manufacturers. It’s because they can’t risk being sanctioned out of the supply chain on some asshole’s racist whims.

          The US/China relationship was symbiotic. Ending it hurts us all.

          The US is a dead shell with no ability to self sustain without global trade.

          We continue to enjoy enormous professional, technical, and industrial capacities. But we’re cannibalizing them for short term profit.

          It’s not anywhere close to gone, but it won’t last forever, either.