Short term that is good news for our grain farmers. they will import a lot of pork into China.
Long term it is a bad sign, our labor and taxes are too high to compete in the USA, and now our poor ecconomic policies of protecting banks has devalued our dollar to the point other countries hold enough leverage on us they can buy out the management.
This means we are too high priced on labor for the world, and we are too low priced on assets for the world, so we lose both ways.
Banks and govts will thrive in the USA, everyone else is cut for a loss.
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