WASHINGTON - The Trump administration on Thursday unveiled a $16 billion farm aid package to offset losses from a 10-month trade war with China and said payment rates to farmers would be determined by where they farm rather than what crops they grow.
Farmers, a key constituency that helped carry U.S. President Donald Trump to his 2016 electoral win, have been among the hardest hit from a trade dispute with China, once a destination for more than 60 percent of U.S. soybean exports. “The package we are announcing today ensures that farmers will not bear the brunt of those trade practices by China or any other nations,” Secretary of Agriculture Sonny Perdue said. “While farmers would tell you they’d rather have trade not aid, without the trade ... they’re going to need some support.”
Perdue also said the second and third tranches, with exact amounts yet to be decided, will be dependant on the progress in the trade talks and whether the U.S. will get a deal with China. The total package also includes $1.4 billion of support through food purchases and $100 million allocated to development of foreign markets.Perdue said the USDA has redesigned last year’s aid program of up to $12 billion based on feedback.
More welfare for his supporters?
Surely Congress who writes the checks will have something to say about who gets the funds. You want to get the GOP to stand up to this president? Make their constituents mad enough for them to vote blue and the GOP will cave. It’s all about staying in power.
In other words, $$ to farmers who voted for him, nothing to those that have spoken out.
Mexico will pay for it.
There are 16 billion subsidies this year, but the market has been destroyed, so what about next year? What about the future? Can you guarantee that there will be subsidies every year?
Trump never does anything not for him. Money only to farmers in states he needs.
Thats a bribe, son.
Yeah, if they live in Trump country.
And are the tax payers buying those crops and where are they store.... In a ditch in the Mojave desert.
Umm... Friends and donors?
Has the smell of buying votes
So... red states get payout, blue states don’t?
Americans are paying for this through taxes! Wake up! Next time to pay will be even worst! Check out from grocery store higher prices! Other ways... Nothing free.....
Guess California ain't getting anything .... Most embarrassing administration ever
Any farmers reading this? If so, how do you feel about a) the tariffs, b) getting government aid, c) having the amount of aid you receive determined by who you vote for?
Exactly. Money will go to wherever he needs the votes.
Or “ if you say nice things about me”
Forecast is for heavy rain in swing states followed by substantial precipitation in Red States. The Blue States will see drought conditions.
It will only take a handful of Republicans to drain that 16B in no time, real farmers are screwed
This is so crappy I can't even believe it.
“What do we want?” “Farm bailouts!” “Who’s going to pay for it?” “China!” We’re looking forward to hearing this being chanted at the next massive (biggest crowd ever) realDonaldTrump rally.
So Nunes' family scam farms and those Brazilian dudes are first?
Speculative...Republican States, counties will get aide...Democratic States, counties will not... Just my prediction...location vs crop...by location?
I am not a farmer but that doesn’t seem right. Sounds as though they get to pick the winners and losers on my dime. My opinion and may be wrong but at first glance that’s what I see. A bailout needed because of trump ignorance and incompetence
More for red state farmers than the ones in blue states then
So money appropriated by the House is to be used to buy votes for Trump?
This is not socialism, because if it was, they would have to help everyone.
Bailout by favoritism.
This does not sound politically motivated. Nope. Not one bit.
Disgusting president.
When we talk about the word 'socialism,' I think what it really means is just democratic participation in our economic dignity & our economic. It is about direct representation and people actually having power & stake over their economic & social wellness, at the end of the day.
Socialism!
And under the condition they water their crops exclusively with Gatorade because it’s got what plants need.
Or he could drop tariffs? But socialism is okay if they are going to vote for you.
tldr red States only
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: WSJ - 🏆 98. / 63 Read more »
Source: washingtonpost - 🏆 95. / 72 Read more »
Source: Reuters - 🏆 2. / 97 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: YahooNews - 🏆 380. / 59 Read more »
Source: YahooNews - 🏆 380. / 59 Read more »
Source: Reuters - 🏆 2. / 97 Read more »