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Sounds like reality is slowing sinking in, and Trump admits his actions will hurt Americans. So, how will he make it up to them? Re-distributing taxpayer money to the farmers? Yep, most likely.
President Trump acknowledged Monday that American farmers may be hurt by Chinese tariffs
But he insisted that farmers would be better off over the long term. He also indicated that any pain farmers feel won't affect his political fortunes.
Farmers "are great patriots," Trump said at the White House. "They understand that they're doing this for the country. And we'll make it up to them. And, in the end, they're going to be much stronger than they are right now."
"They understand that they're doing this for the country. And we'll make it up to them. And, in the end, they're going to be much stronger than they are right now."
Doesn't pay the mortgage, feed the kids or pay the bills, Mr. President.
I don't doubt that Big Agribusiness will be okay. And I also assume that you're a fair and reasonable person, so you'll agree with me when I say that there are still plenty of small business farm owners out there and this 25% tariff by China will hurt them badly.
A quick google search turned up these local small newspapers interviewing local farmers in Indiana and Iowa who are already feeling the impact of the soybean tariffs:
I don't doubt that Big Agribusiness will be okay. And I also assume that you're a fair and reasonable person, so you'll agree with me when I say that there are still plenty of small business farm owners out there and this 25% tariff by China will hurt them badly.
A quick google search turned up these local small newspapers interviewing local farmers in Indiana and Iowa who are already feeling the impact of the soybean tariffs:
There’s no question that any remaining small farmers will be hurt badly by the tariffs. I’m certainly not celebrating that fact.
But let’s face it, the lack of tariffs has destroyed the American worker. Without tariffs, the American worker is forced to compete with workers in third world countries with no labor or environmental regulations. In a globalized economy, everyone makes Bangladesh wages.
China has imposed a 'fee' of 179 percent on imported sorghum from the United States. I do not know the different between a 'fee' (as the article calls it) and a tariff. I assume there must be a difference.
Top producers in the US: Kansas, followed by Texas and Colorado.
There is a growing trend of small local farms. I know that in the last 10 years, even our local chain grocery stores buy local produce.
The tariffs will most definitely hurt these people.
BUT.......I suspect Trump's promise to help farmers doesn't include the little guy.....almost guarantee you they will be overlooked and the big time farmers will lobby for their 'fair share' (handouts) while others struggle with increased prices.
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