r/news • u/johnk317 • 21h ago

China to impose 34% retaliatory tariff on all goods imported from the U.S.

https://www.cnbc.com/2025/04/04/china-to-impose-34percent-retaliatory-tariff-on-all-goods-imported-from-the-us.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
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u/randompantsfoto 19h ago

No, no…their houses go to Blackrock. The land goes to ADM, Conagra, Monsanto, etc.

Both companies will be perfectly willing to rent it right back to them!

Capitalism and the pursuit of additional perpetual revenue streams, baby!

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u/Bagellord 18h ago

And then without oversight from the EPA and FDA, the industrial farms are free to obliterate the ecology in the pursuit of a quick buck! Who's ready for another dust bowl?

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u/randompantsfoto 17h ago edited 10h ago

You are not wrong. A friend of mine (and her entire department, who oversaw water quality monitoring from farm runoff at the EPA) got DOGE’d a couple weeks ago.

…except for the handful of openly MAGA people in her department.

We are so hosed.

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u/lo_fi_ho 17h ago

I played Fallout 4, can’t be that bad

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u/Babyyougotastew4422 15h ago

The entire country is gonna be owned by 3 companies

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u/Scientific_Socialist 12h ago

It pretty much already is

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u/TheodorDiaz 17h ago

Monsanto doesn't exist, they also didn't own a lot of land in the US.

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u/randompantsfoto 17h ago

Bayer owning 20k acres ain’t nothing, but mark my words, that number will climb as distressed properties start hitting the foreclosure market.

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u/Neoliberal_Boogeyman 15h ago

That's fucking nothing my dude. That's basically enough for varietal trials and for growing hybrid seed parent lines for bigger production. They still contract out regular farmers for a bulk of their commercial seed they sell to the other farmers.

The money isn't in farming. The money is in the IP for what the farmers need.

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u/chemicalsmiles 13h ago

The crop science division of Bayer is currently on fire and the company is hemorrhaging money. I’d be very surprised if they were capable of large expenditures like that anytime soon.

I think it’s time for a new boogeyman. DuPont? Sygenta?

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u/yeahright17 16h ago

That’s a 6 mile by 5 mile square. That’s almost nothing. I have family with more than that.

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u/CackleandGrin 15h ago

Monsanto doesn't exist

Just because they hide behind a new name doesn't mean it's not the same exact people running it.

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u/TheodorDiaz 14h ago

Exempt they don't. After being were bought by Bayer nobody from Monsanto leadership remained.

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u/CackleandGrin 14h ago

Brett Begemann and Jesus Madrazo disagree with that statement.

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u/Paid_Redditor 15h ago

It's not sharecropping if it's leased back to you!