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Trump’s ‘ugly’ trade war with China is devastating the lives of Iowa farmers: ‘It could break a lot of people’

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Iowa farmers are bearing the brunt of the U.S. trade war with China as Donald Trump continues to threaten increased tariffs on Chinese imports.

According to a report by the Des Moines Register, corn and soybean farmers are “[struggling] to feel optimistic” as the industry faces a series of daunting challenges, including retaliation from China over increased tariffs.

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The president on Friday took to Twitter to boast about the “very congenial” talks between the U.S. and China while also claiming “the process has begun to place additional Tariffs at 25% on the remaining 325 Billion Dollars.”

“Tariffs will bring in FAR MORE wealth to our Country than even a phenomenal deal of the traditional kind. Also, much easier & quicker to do,” Trump claimed. “Our Farmers will do better, faster, and starving nations can now be helped.”

For now, the farmers are only feeling the “physical and mental challenge” as China says it will retaliate against any new U.S. tariffs.

“A lot of us think it can’t get any worse, that it can only go up from here,”  northern Iowa farmer Brent Renner told the Register. “But that’s probably not a safe bet.”

Tim Bardole, president-elect of the Iowa Soybean Association board, said the best solution would be an agreement between both countries.

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“An agreement that is fair to both countries is really the light at the end of the tunnel that I’m hoping for,” Bardole told the Register.

“A lot of producers are in serious financial pain,” he continued. “How long we can survive and handle it, I don’t know.’

Kirk Leeds, CEO of the Iowa Soybean Association, told the Register that soybean farmers have historically “been the tip of the spear when it comes to Chinese retaliation.

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“I’m not sure they can take much more,” Leeds said, noting the tariffs have “undercut any remnants of optimism.”

“That’s what’s most devastating about this,” he explained.

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Renner, the northern Iowa farmer, echoed that diminished optimism, telling the Register while he hopes “things turn around pretty quickly,” if the current situation stands “it could break a lot of people.

“There’s no other way to look at it,” he said. “It’s ugly.”


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Giuliani associates’ company promised to build a bizarre temple over Jerusalem

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The Wall Street Journal has uncovered new details about the strange work done by Fraud Guarantee, the company founded by Lev Parnas, the indicted henchman of Trump attorney Rudy Giuliani.

Specifically, the Journal was given information from an investor who says he plugged $250,000 into Fraud Guarantee after Parnas told him that he could use his connections with President Donald Trump to help promote his initiative to create peace in the Middle East.

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2020 Election

Liberal PACs gear up for major ad blitz to flip GOP-controlled legislatures in states where Trump is vulnerable

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According to a report from Politico, two left-leaning PAC's are working in concert to flip GOP-majority legislatures in reliably conservative or too- close-to-call states.

With Donald Trump expected to be at the top of the Republican ticket, "Arena and Future Now Fund, are planning to spend $7 million to try to flip GOP-controlled state legislatures in Florida, Arizona, Michigan and North Carolina," the report states.

According to Daniel Squadron, co-founder of the Future Now Fund, "If you look at where the important states are, the places most people are watching are the Electoral College to secure the White House. But the truth is that when you talk about the impact of 2020, electoral control of the state legislatures is critical.”

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Newly revealed letter details Rudy Giuliani’s work for Fraud Guarantee company owned by indicted henchman

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A newly revealed letter sheds light on Rudy Giuliani's work for Fraud Guarantee, a company founded by his indicted associates Lev Parnas and David Correia -- and the document has been handed over to investigators.

Fraud Guarantee circulated an investor letter last year that shows the company would pay the consulting firm Giuliani Partners up to $2 million for the first year and give the former New York City mayor equity in the company, reported the Wall Street Journal.

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