{"id":85770,"date":"2025-09-10T07:26:33","date_gmt":"2025-09-10T06:26:33","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=85770"},"modified":"2025-09-10T07:26:33","modified_gmt":"2025-09-10T06:26:33","slug":"trumps-tariffs-begin-to-backfire","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2025\/09\/10\/trumps-tariffs-begin-to-backfire\/","title":{"rendered":"Trump&#8217;s tariffs begin to backfire"},"content":{"rendered":"<p>Trump's tariffs are beginning to hit Mid-West America, the home of MAGA. As <a href=\"https:\/\/fortune.com\/2025\/09\/09\/soybean-harvest-china-agricultural-crisis-trump-tariffs-caleb-ragland\/\" target=\"_blank\" rel=\"noopener\">Fortune magazine<\/a> has reported:<\/p>\n<blockquote><p>Caleb Ragland, a Kentucky farmer and president of the American Soybean Association, is warning of an agricultural crisis as China has placed zero soybean orders for the upcoming harvest. It\u2019s a departure from typical patterns, where 25% of the U.S. crop goes to China. With prices 40% below three-year highs and production costs rising, hundreds of thousands of farmers face losses unless there\u2019s a trade resolution between the two countries.<\/p><\/blockquote>\n<p>That's a perfect storm, and much of it is of Trump's creation.<\/p>\n<p>For how long can a President survive when they have declared war on their own people?<\/p>\n<p>And no one can say that this was not a predictable outcome. <a href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2025\/02\/02\/trumps-tariff-wars-have-begun-and-will-not-end-well\/\" target=\"_blank\" rel=\"noopener\">I predicted it<\/a>.<\/p>\n<p>The question is, will the MAGA accept the destruction of their livelihoods as a price worth paying for tariffs only intended to benefit the very richest of Americans, or will they make clear that this is an unacceptable consequence? Sometime soon, we might begin to find out. Doing so will provide important lessons for how to manage fascism here in the UK.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump&#8217;s tariffs are beginning to hit Mid-West America, the home of MAGA. As Fortune magazine has reported: Caleb Ragland, a Kentucky farmer and president of<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2025\/09\/10\/trumps-tariffs-begin-to-backfire\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[215,14,204,203,106,75],"tags":[],"class_list":["post-85770","post","type-post","status-publish","format-standard","hentry","category-age-of-aggression","category-corruption","category-economic-justice","category-fascism","category-politics","category-usa"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/85770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=85770"}],"version-history":[{"count":1,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/85770\/revisions"}],"predecessor-version":[{"id":85771,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/85770\/revisions\/85771"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=85770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=85770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=85770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}