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USDA has paid out $7.7 billion to help farmers hit by Trump's tariffs.
Trump set aside 12 Billion to help the farmers and he is using it.
I don't see the problem. Promise made; promise kept. The funds represent a portion of the $12 billion relief package that President Donald Trump pledged in July to offset the losses from retaliatory tariffs imposed by Beijing in response to Washington's tariffs on Chinese goods.
Trump set aside 12 Billion to help the farmers and he is using it.
I don't see the problem. Promise made; promise kept. The funds represent a portion of the $12 billion relief package that President Donald Trump pledged in July to offset the losses from retaliatory tariffs imposed by Beijing in response to Washington's tariffs on Chinese goods.
MAGA!
Because if Trump wouldn’t of started this tariff war with China then that money could of went to something like infrastructure , etc.
Trump set aside 12 Billion to help the farmers and he is using it.
I don't see the problem. Promise made; promise kept. The funds represent a portion of the $12 billion relief package that President Donald Trump pledged in July to offset the losses from retaliatory tariffs imposed by Beijing in response to Washington's tariffs on Chinese goods.
MAGA!
TOTAL AND COMPLETE HORSE HOCKEY.
YET ANOTHER TRUMP SHELL GAME. PULLING A CON ON THOSE WHO VOTED FOR HIM.
Quote:
Soybean farmers have received the most generous subsidies, but even for them it has been too little, too late. Through mid-October, according to federal data, American soybean sales to China — the world’s largest importer of soybeans — have declined by 94 percent from last year’s harvest.
The subsidy rate of 82.5 cents per bushel is covering less than half the losses of American soybean farmers.
The Department of Agriculture has paid out $7.7 billion so far to help farmers impacted by the ongoing tariff war with China, according to William Northey, Undersecretary for Farm Production and Conservation.
The funds represent a portion of the $12 billion relief package that President Donald Trump pledged in July to offset the losses from retaliatory tariffs imposed by Beijing in response to Washington's tariffs on Chinese goods.
And the Treasury has collected more than that in additional tariff revenue. This chart doesn't even include the last two months.
The trade deficit with China is growing under trump.
In the short term maybe. Faced with impending tariffs, of course import orders will be accelerated. If you were going to buy a million bucks worth of stuff this year and a million bucks worth of stuff next year, you might try to accelerate that and buy $2 million now. The chickens will come home to roost for China next year though as orders and revenues plummet. And any short-term effects now will be a drop in the bucket to the long-term gains of a more favorable trade agreement.
You surely aren't naive enough to believe the cost of those goods didn't increase to cover the cost of the tariffs did you?
There's a reason Trump says he loves the uneducated. They'll swallow anything.
Then you must cheer the retaliatory tariffs by other countries as a tax on their consumers. Oh, that's right. You moonbats see tariffs we impose as devastating to us and not the other country while at the same time seeing tariffs they impose as devasting to us and not the other country.
Don't feed me your baloney, show me the statistical change in consumer prices.
Trump has experience with the art of going bankrupt and recovering pennies on the dollar. He's running the government no differently than he ran his businesses. He operates with high risk seeking reward. In my mind, the wall will serve as a monument to Trump and proof he kept a campaign promise. It's actual purpose will be obsolete once (if) it's built. The tariffs are one chess piece in his arsenal.
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