First of all, the Treasury just labeled China a currency manipulator because it devalued the yuan, and they didn't mean it in a good way. And simple math will tell you that a "cheaper" yuan means that Chinese consumers can afford fewer "expensive" dollar-denominated American imports. Which is ... not a gift.

Second, the fact that soybean prices are down an estimated 9% since Trump blustered us into this stupid trade war is nothing to brag about. The Federal Reserve finally cut interest rates, partly out of fear that the trade war is damaging the economy, and partly because inflation rates are too low.

Third of all, while some mostly large farmers are getting a windfall, most are just breaking even, or worse. North Dakota soybean farmer Mark Watne told CNBC that he lost $3 per bushel of soybeans this year, and that was before China announced it was cutting all American agricultural imports to zero.

Fourth, the news is absolutely reporting on Trump's efforts to buy off farmers using the American taxpayers' checkbook. From the linked article

"More than 2,300 counties that voted for Trump in 2016 have received money from the bailout program, and counties that flipped from voting for Barack Obama in 2012 to Trump in 2016 were more likely to get money than counties that were red during both elections"

[link to www.cnbc.com (secure)]

And finally, GODDAMMIT, THE CHINESE ARE NOT PAYING THOSE TARIFFS!