Trump, The Baconator
Like I've said before, if you go over the things that Trump says, there's always a hidden real truth among all the hype. People just get so caught up in the hype they don't hear the truth. At a recent rally in Florida, he came right out and told people the truth.
“We don’t eat bacon anymore,” Trump said.
It was why we don't eat bacon anymore that was the lie, along with that a few hundred people who attended amounted to forty-five thousand people.
"Biden, he insisted, had raised the price of bacon four-fold."
If we slice that four-fold down the middle, two-folds for each side, it will prove that Biden's inflation wasn't the only bacon eliminator in American's diets. Slicing it down the middle is pretty generous considering that at the time of Trump's signed trade agreements, China was suffering from a severe swine flu outbreak and the demand for pork by the time he got around to signing that agreement, saw historic levels of pork leaving the country to China.
"China could increase U.S. pork imports to the highest ever this year as part of its commitment to bolster purchases of American farm goods to resolve the trade war between the countries, according to sources familiar with the situation.
China may buy as much as 300,000 metric tons of pork in 2019, the sources said. That amount would be about 80% more than the 166,000 tons it bought from the United States in 2017, before the trade war started. One source said the Asian nation could order 200,000 tons in the first half of the year alone.
The final volume will depend on the progress of African swine fever in China, according to one source. The disease, which is fatal to pigs and is proving hard to contain in China, has been devastating its hog production since it was first reported there in August. It already has slashed the sow-breeding herd in the world’s No. 1 pork market by 15%"
https://www.ttnews.com/articles/us-pork-exports-china-could-set-record-year
That ended up being true, throughout 2020 China's imports of pork from the United States grew by one billion dollars. That, coupled with the US-Japan trade agreement signed October 7, 2019, followed with Japan importing one hundred million more of US pork. That led to a total of 2.3 billion of imports by China, 1.6 billion of imports by Japan, coupled with an increase by Mexico of 1.2 billion raised the total of pork exports out of the country to a historic level in 2020 of 7.7 billion. The historic level was outmatched in 2021 with a total of 8.1 billion of pork out of the country, bolstered along the same path of countries who Trump made trade agreements.
It wasn't just pork, beef exports to China rose 386% after Trump's trade agreement, potato exports to Japan increased 76% after the US Japan trade agreement. Chicken exports grew six hundred percent. Anyone could see the stunning rise of a twelve-ounce package of bacon, that rose one hundred percent in price, and beef and chicken prices that'd send one into sticker shock if you just looked at the price, but most are being misled to believe it's just due to inflation exclusively. When you globalize the food chain, you have to compete with the global community for your food. Which brings us to another stunning rise in prices, pet food products.
Chicken paws, which in this country are sold for the main part in the US to pet food manufacturers are a high demand product in China for human consumption. Before the trade agreements farmers were getting 22.3 million a year off selling chicken paws to pet food manufacturers who ground it up for pet products. After the trade agreement, exports of chicken paws to China grew to sales of 461 million. Rise in demand equals a rise in higher prices. Manufacturers have to try and outbid the highest bidder. If another country is rich enough, those are the countries where you'll see larger volume of domestic products being exported to.
A common old adage that the truth is in the pudding, would be to ask yourself, what other food products outside some mentioned above have risen over one hundred percent of their prices since the onslaught of inflation? There simply isn't any. The only other products you've seen rise so dramatically in price are all the one's you've seen Trump meddling in with his trade agreements.
Prices are starting to moderate somewhat when it comes to meat prices, but again, it isn't exclusive of a sign inflation is coming down, so don't let yourself be fooled over claims such as that. Prices are moderating a bit because demand has subsided in China and other countries whose pork and chicken industries were decimated by swine and bird flu. As their pork and chicken industries recovery, prices will come down as demand is reduced, but it, due to Trump's trade agreements, won't go down to the prices that once was because you will continue to compete on the global market for your food, even inflation coming down won't reduce that.
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