Chris Murphy

@ChrisMurphyCT ↗

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Last Checked March 19, 2021

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Fri Dec 13 16:18:16 +0000 2019

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Chris Murphy @ChrisMurphyCT

Yes, it's a lot more complicated than that. For instance: - Trump tariffs are broader than ag sector - Trump isn't ending all tariffs, meaning we keep losing jobs in other sectors - subsides and lost imports are a little apples/oranges — PolitiTweet.org

Posted Dec. 13, 2019 Hibernated

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Chris Murphy @ChrisMurphyCT

Here's some back of the napkin math on China deal: China agrees to buy $50B of ag products next year, increase of $29B from pre-tariff trade. Tariffs cost U.S. farmers $11B. Then taxpayers put up $28B in emergency ag payouts. So...we lost/spent $39B. Gained $29B. Nice work! — PolitiTweet.org

Posted Dec. 13, 2019 Hibernated

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Chris Murphy @ChrisMurphyCT

But it's a bad deal no matter how you score it. Devil will be in the details of the text, but the pain Trump inflicted on American workers and consumers does not appear to come close to the relatively minor concessions he got from China. FYI some data: https://t.co/lnfHcsUlMS — PolitiTweet.org

Posted Dec. 13, 2019 Hibernated