Steve Cortes, former senior spokesman and strategist for the 2016 and 2020 Trump campaigns and current head of the League of American Workers, said there is a consensus among Americans that Chinese companies should not be allowed to buy and control American resources, including farmland.
Read the full story
Americans firmly reject the Chinese agenda of acquiring U.S. assets, especially vital strategic ones like American farmland. Battleground polling reveals that this issue provides an opportunity for patriotic populist candidates to protect the heartland, provide a stark contrast vs. the leftist big business globalists, and reap substantial political benefits in November’s elections.
Of course, Chinese companies and nationals buy substantial real estate across the board in America, not just farmland. According to National Association of Realtors data, China remains by far the largest source of foreign purchases of U.S. homes. Last year, the Chinese bought $13.6 billion in American homes, more than double the $6.1 billion they spent the year before.
Read the full story
Rep. Tom Emmer of Minnesota has formally shared serious concerns about Chinese purchases of American farmland.
In a letter Monday, Emmer and Rep. Dan Newhouse of Washington called on U.S. Secretary of Agriculture Tom Vilsack to “provide Americans with the fullest possible picture of all foreign purchases of United States land.”
Read the full story
There’s an old saying that we should invest in land because there’s a limited amount of it, so it won’t lose its value.
But when it comes to farmland in the United States, there could be a more pressing reason to invest these days – national security.
Read the full story
China’s effort to unseat America as the world’s economic superpower has a new tactic: It has bought up more than 200,000 acres of U.S. farmland. And while there is bipartisan support for legislation to slow down Beijing’s acquisitions, Democrats have added a new wrinkle.
Rep. Dan Newhouse (R-Wash.), who is leading the legislative charge, says congressional Democrats have removed all references to the communist government of China in an amendment to an agricultural spending bill that originally prevented the Chinese Communist Party’s purchase of American farmland.
Read the full story
Congressional Democrats and Republicans are raising concerns over China buying prime agricultural real estate across the U.S. – in an apparent, continuing effort to exert influence on the American economy.
Members recently advanced legislation that warns that such purchases also increases China’s involvement in the American food system, posing a national security risk.
Read the full story