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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump already weighing multi-billion-dollar tariff bailout for US farmers
The administration is weighing a new batch of emergency aid to farmers as trading partners push back against U.S. tariffs with their own measures, The New York Times has reported. The last time Trump was in office, his administration spent $23 billion in subsidy payments to farmers to protect them from his trade war then with China, which purchased far fewer American agricultural products.
Such payments, as they did then, would now shield a vital voting base for Republicans.
China imposed retaliatory tariffs on soybeans, corn, wheat, and other imports in 2018, which resulted in the billions of dollars in aid to farmers. The money came from the U.S. Department of Agriculture, which has a fund to partially deal with emergencies such as disagreements over trade.
https://www.the-independent.com/news/world/americas/us-politics/trump-bailout-farmers-tariffs-b2726416.html
jmbar2
(7,614 posts)Pure market manipulation.
Irish_Dem
(79,752 posts)C_U_L8R
(48,862 posts)If Trump wasn't such a fuckup
gab13by13
(31,192 posts)It's his plan to make money for himself.
gab13by13
(31,192 posts)Giving the farmers and ranchers billions of dollars sends the message that if you kiss my ass, if you vote for me, I will take care of you.
He hopes countries across the world get that message for his tariffs.
kacekwl
(8,866 posts)for their stupid decisions. If this happens I better never see a "farmer" in a maga hat again or I'll kick them in their eggs. Where's my bailout ?
gab13by13
(31,192 posts)Solly Mack
(96,318 posts)I got mine!
Wingus Dingus
(9,173 posts)so they don't get mad at Daddy Krasnov. Fuck all these people.
Johonny
(25,422 posts)surfered
(11,487 posts)Blue Full Moon
(3,148 posts)Prairie Gates
(7,179 posts)They just want that government money.
Jit423
(1,568 posts)receiving from all of Trump's disastrous economic policies.
leftstreet
(38,790 posts)moondust
(21,196 posts)I understand that some of the markets for U.S. farm goods that were lost thanks to his first term tariffs have not returned and maybe never will.