Trump ready to bail out farmers amid trade war squeeze, Rollins says
Source: Axios
6 hours ago
President Trump is prepared to bail out American farmers if the trade war continues squeezing commodity exports, Agriculture Secretary Brooke Rollins said Sunday.
Why it matters: Exports of key commodities are plunging, particularly soybean and pork sales to China, threatening tens of billions of dollars in farm income.
What they're saying: "First of all, the prayer is that that doesn't need to happen but secondly, if it does, for the short term, just as in Trump 1, we are preparing for that," Rollins told CNN's "State of the Union" on Sunday.
Catch up quick: In Trump's first term, amid a smaller trade war with China, the government rolled out tens of billions of dollars in farm subsidies.
Those bailouts, collectively, ended up being so large that they almost equaled the tariff revenue generated.
Read more: https://www.axios.com/2025/04/27/farm-tariffs-bailout-trump-china
There is absolutely NOT ENOUGH money to do any "bailouts" of farmers. NOT when you now have a trade war that isn't just with China like the first term, but with most of the rest of the world... let alone needing to give more money to Muskrat and the rest of the billionaires by extending those tax cuts for them.
Javaman
(65,126 posts)erronis
(22,688 posts)jls4561
(2,844 posts)There. Ive written a Krasnov biography.
graycampervan
(23 posts)Gotta keep that reliable base happy. As long as he bails THEM out they'll vote for him again. Quite sure they don't think about the rest of us.
Botany
(76,421 posts)Blame somebody else for the problem he created.
Right now he and Musk are trying to shut down NOAAs climate observatory on Mt.
Mauna Loa in Hawaii which is insanity. CO2 will keep building up in the atmosphere
no matter if we record the data about it or not. The Keeling Curve is real.
Diamond_Dog
(39,784 posts)JohnSJ
(98,883 posts)CountAllVotes
(22,080 posts)It is too late to undo the damage down by the ORANGE HITLER!
Too late!
& recommend!
Bernardo de La Paz
(60,320 posts)walkingman
(10,356 posts)make sure the people you screwed (farmers) will continue to vote for you.
Sounds like a plan. Asshole.
enid602
(9,617 posts)Dont forget the bailout Trump will need to make to Boeing for their lost revenue! Boeing lost 25% of their future revenue when China canceled their contracts. China has already returned one 737 from their finishing plant. Only 17 more to go for the remainder of this year.
OrlandoDem2
(3,157 posts)delisen
(7,228 posts)Bristlecone
(11,003 posts)Socialism for me, but not for thee policy at its best.
NickB79
(20,249 posts)Shame a few of my "self-reliant, pull yourself up by your bootstraps" Trump-voting uncles by asking them for a little piece of their welfare money, since it's partly MY taxpayer dollars going into their pockets.
ananda
(34,453 posts)I'd say that supposed bailout is all talk and no show.
Buddyzbuddy
(2,140 posts)BumRushDaShow
(165,871 posts)bronxiteforever
(11,106 posts)Maybe Grassley can reach into his own pocket since he owns this.
Or the price can be offset by cuts in ICE budget or payments to El Salvador..
Prairie Gates
(7,212 posts)At a certain point, if Trump consistently "bails out" farmers, it's just a government handout. They know it's coming, so they vote for him. They don't want to work. They want to get free things from the government.
Lazy!
Martin68
(27,083 posts)And they depend on exports to China.
sinkingfeeling
(57,246 posts)Scalded Nun
(1,608 posts)fucked them over.
And the $$ lost to 'ordinary' citizens?
I also have to wonder how many $$ will go to family farmers and how many $$ will go to big Agra. NOT
RainCaster
(13,385 posts)It's their dumbass economist who caused this farm wreck. I think they should foot the bill.
sakabatou
(45,782 posts)Javaman
(65,126 posts)BoRaGard
(7,591 posts)Blues Heron
(8,398 posts)Wingus Dingus
(9,173 posts)Bailouts for stupid policies that don't have to happen, you've got to be fucking kidding me.