FOR IMMEDIATE RELEASE
November 8, 2019
One Country Project Calls Trump Out On Trade
The President’s Promises Have Failed to Live Up to His Bluster
WASHINGTON, D.C. – Today, the One Country Project released a report including a diverse collection of trade statistics, all showing President Trump’s continued and repeated economic failings. Heidi Heitkamp, Founding Board Member of the One Country Project and former Senator of North Dakota, issued the following statement:
“President Trump has failed to deliver on trade, period. Trump has promised farmers they’d win like never before, but they’ve been hit with high levels of bankruptcy and dwindling agricultural exports. He’s promised to stick up for everyday Americans, but they’ve been stiffed with paying more for goods and services because of steep tariffs. He’s promised that China will feel the pinch, and everything will ultimately be okay, but business is moving to Vietnam and Canada – not returning to the United States.
“Simply put, the president is not making the American economy great. He has undermined American manufacturing, construction, agriculture, and business confidence. He has made terrible decisions and failed to make whole those who bore the brunt of his empty promises.”
Our report dives into a number of negative outcomes from President Trump’s handling of the economy and continued trade war with China, including:
- The approximately $1,000 annual burden faced by consumers because of tariffs caused by the trade war with China
- The 580 Chapter 12 farm bankruptcies filed between September 2018 and September 2019 – an increase in every region of the United States
- The 97% decrease in soybean exports from the 2017/2018 marketing year to the 2018/2019 marketing year
- The projected $12.24 billion decrease in agricultural exports to China from 2016 to 2019 – a 69.6% loss
Read our full report HERE to see the expansive negative impact President Trump’s wayward trade strategy has had on the American economy.
About One Country Project
The One Country Project, led by former Senators Heidi Heitkamp and Joe Donnelly, is working to promote greater opportunities for rural communities and ensure leaders earn their support. One Country is reengaging with rural Americans, serving as a clearinghouse of research and information for rural Americans, and working to ensure leaders regain trust by fighting for these communities. To learn more, visit the website, OneCountryProject.org.