Soybeans awaiting transport sit in a truck bed in Delaware, Ohio, on May 14, 2019. Some farmers fear that the protracted trade war with China will permanently alter their sales, leaving them without a foothold in one of their largest markets. By Laura Reiley Laura Reiley Reporter covering the business of food Email Bio Follow May 23 at 11:03 AM The Trump administration will announce a new $16 billion farm aid package to offset losses from the U.S.
In an interview on Fox Business Network, Perdue said: “China is going to pay for this $16 billion through tariffs coming in” and that “the revenue we’re receiving is what the president has intended to fund the farmers who are being hurt by these retaliatory tariffs.” It would be the second bailout for farmers connected to Trump’s tariff showdowns with China, Mexico and other countries. The Trump administration announced $12 billion in emergency measures last July.
Perdue acknowledged Thursday that U.S. farmers have been hit hard by the escalating trade fight with Beijing, and he accused China of targeting the president in advance of his 2020 reelection bid. “Farmers have been hurt disproportionately, and China knows. They’ve gone right at President Trump’s base politically that makes farmers feel pain, and he’s not letting them bear the brunt of that,” Perdue said.Trump was scheduled to meet farm groups at the White House at a 3:15 p.m. event Thursday.
Does that cover the tariffs
Horse💩!
Let's see it get done then....
And farmers will wear their MAGA hats again and chant lock her up.
Is this not Welfare? No, seriously. Why don't we call this what it is. WELFARE FOR FARMERS. And it is directly attributable to poutus and his and his failed policies. Wake up middle America.
So now our brilliant leader and HIS trade war has to barrow $16B from China and pay interest on it. To help the farmers recover their losses our leader said China would pay just like Mexico is paying for the wall. The leader must be off his meds.
UPDATE: The Trump Administration will announce a new $16 billion farm aid welfare/socialism package to offset losses from the his complete blunder trade war with China
Ok but what were the benefits of that trade policy again?
Trump's largesse will be negated by China's increase in soybean tariffs. Pushing the envelope Trump's way. Trump will blink first.
16B aid to the Trump Administration's selected benificiaries
Republicans hate socialism, though. Right?
Trump wants Americans to pay an extra 16 billion in taxes to bail trump out for devastating the well being of trump voters so they will vote for trump again?
Socialism!!!’
MAKE SOROS PAY FOR IT HE LOVES AMERICA..
Are we going to get paid back? With interest?
Aid? So socialism is cool when it’s due to trump fucking up?
Worst deal maker in history
U need a permanent solution !
Well I hope this means all school children get fed free meals for lunch.
More fucking taxpayer bailouts because of Trump's poor polices.
So welfare. They may call it aid or protection or whatever but they wont call it what it is, welfare. A big chunk will go to big corporate farms because they have the administration and connectiions.
realDonaldTrump draining the swamp by giving away Other peoplles money. DEFECTIVE!
Mmm....yet a single payer health care system is evil socialism?
And we will pay for it
We will win in the end. Not worried about it.
They create the problem then try to fix it. Pathetic 🇺🇸
There are lots of black farmers not included in this bogus $16 billion! Not fair...
$16 BILLION BORROWED FROM CHINA To pay for trumps TAXES ON CHINA That USA tax payers will PAY BACK IN Principle INTEREST AND THE ORIGINAL LOAN... OH WAIT!! USA hasn't paid back original LOANS FROM CHINA!! 'Great' DEAL maker LMAO
Buying back crops - and lost votes. Welcome to Amurica!
Socialism sucks, amirite?
With money borrowed from CHINA 🇨🇳! MAGA MAGA USA USA! Ain’t Trump somethin?
Can’t fund infrastructure but can bail out farmers due to Trump’s disaster out tariffs and also blow up the deficit even more. Very UnRepublican and irresponsible.
If you mention Nancy Pelosie and ' cover up ' I'm going to die laughing..
Where is all this money coming from Is Trump putting his money where his mouth is🤔🤔 No way, watch your wallets folks👺👺👺
socialism once again saves merica
Additional 16. That will make 28 billion so far.
Too bad he doesn’t make good policy and this wouldn’t be necessary
How about they just put all the farmers on govt payroll and stop this charade.
Why just to give it to another country like the last time
Why do we taxpayers have to pay to save his votes because of his ignorance
Oh, we’re into socialism now? Guess it’s cool unless you have brown skin right GOP ?
Are we gonna drug test the recipients ? Trumpfare
This is the dumbest person running the country of all the Presidents combined!
Bet those farmers who voted for trump because they “hate socialism” won’t say a peep about taking a single dime.
Our Farmers,now been turned to Handouts & aids away from self sufficiency they have built over time.Why ? Just like many other issues ,this admin started a war with China without critically thinking through the process and are now reacting inadequate solutions.Too late,too Bad!
The main reason the farmers need the aid is tariffs put on by Donny!
Socialism.
How about a package to offset my retirement stock losses?
Red state socialism is alive and well
So glad $$$ gets appropriated in the Senate. Oh wait! The HOUSE does the appropriations. Looks like NO BILL FOR YOU!
How much of our tax money will go to huge offshore owned meat packing companies, like the $60million that went to 2 Brazilian brothers?
Once again another bailout for the farmers! It’s never ending and the sad part is that they voted for him in 2016 and they’ll vote for him again because he bailed them out even though he caused their problems!
Sounds like socialism.
Farm aid = Welfare. Are we winning
What about the trade contracts lost forever? Are we going to give farmers welfare for years now GOP ?
So realDonaldTrump plan is to start a trade war with China and the spend billions to subsidize farmers for the impacts of that war which in turn greatly increases our federal debt which is heavily owned by China! Only a man that bankrupts a casino could have cooked this up!
Where is he going to get the money to pay for this?
socialism
SOCIALISM so we get to pay for another Trump screw up, I can't afford for him to stay in office.
ThisIsSocialism
How’s its that not socialism?
Is this what Socialism looks like? Yep!
Eugene_Scott realDonaldTrump Call it what it is, welfare.
Socialism- unreal
But, but , socialism .... never mind !
'Farm aid package'? I think you mean 'welfare.'
I expect all those farmers to turn this down as it’s “socialism.”
How many black farmers will receive some of that so called $$$$$
So how is he going to pay for it?
Republicans are such Socialists !!!
How can this b done without congressional approval? Don’t they have to appropriate $$ prior to spending?
Too little.. Too late..
Just call it a bribe.
Buying Votes already? America we are doomed. Democrats are clueless and confused like a deer in headlights. I pray for America !!!
So what? We spend hundreds of billions on illegal immigrants, we can spend some on our farmers. I don't understand the petty outrage.
How are you going to pay for it?
So do we just keep doing this in perpetuity if China starts getting soybeans from somewhere else? Is there going to be a market when we get back?
Are we going to drug test these welfare recipients?
This is simply unfuckingbelievable. I way underestimated how fucking dumb so many people are to not be able to see what is going on here.
Grassley will like that..how much to the meatpacker
I thought Republicans were against Socialism?
Yay socialism 👌
Can I get a farm package if I grow my own corn ?
Welfare. So the republicans support welfare now?
By adding more taxes!!
Hey DineshDSouza, senatemajldr, what’s up with this socialism?
So all tax payers are paying the bill. Fuck trump let him pay them.
Anything for the American consumers paying higher prices on every day goods?
Funny how taxes used for farmers are ‘subsidies’, for corporations it's ‘incentives’, for banks and auto companies it's 'bailouts'. But for Americans, it’s ‘socialism’.
Sweet more government cheese, hows that socialism tasting?
Glad China is stumping for this with all the tariffs they are paying.
Or, socialism
So we're borrowing money from China (and paying interest on it) to supplement the losses faced by farmers as a result of the tariffs imposed by our Prez. Does this make sense?
Mr. President, Please explain your Trade War with China. Did you exspect a $16 billion farm aid package would be necessary? Shouldn’t a President confer with Congress before starting a trade war? I hear ya’. You won’t work with Dems. Vote him out!
Money for votes
What about the rest of us who can’t make ends meet?
wow, soviet style farm subsidies...republicans are becoming more “russian” everday.
Where are they going to get the money to fit the bill that trump and his administration racked up?
A vote for Trump, is a vote for... socialism?
so much winning
Let’s buy a few more votes.
Trump a socialist giving out welfare to rich corporate farmers
FarmerSocialism
Winning
Great Job POTUS45 ! - That's how you MAGA ? StableGenius !
Welfare for farmers. End the trade war is the way to help the farmers. realDonaldTrump is destroying them.
That's what farmers want, to go on WELFARE.
This is Socialism by Trump and the Republicans.
We keep having to pay for his screwups
Soooooo ... Why is universal healthcare socialism?
Tha absurdity of this defies imagination. The world he forces us all to live in.
Who’s paying for this?
Ain't that there what they call Socialism?
welfareforfarmers don’t forget the drug test and work requirements Socialism alive and well realDonaldTrump administration RepDonBacon 🥓 is a socialist. Rather than fight Trump to open markets, end tariffs he gives away $ failure
This is not what farmers want.
Wait..they will do a BAILOUT?!
MoreMoneyWasted TrumpWorstThing4America
He's no hero. Quit painting him as one. WaPo- you sold out.
The trade war he initiated..
So basically Americans are paying for the stupidity & ignorance of the WorstPresidentEver AKA .realDonaldTrump again?! NewYorkersKnowTrumpMustGo
Gee the stable genius made a mess of this didn't he.. What a surprise.
So, Donald, tell me again how the the tariff war is saving us oodles of money and not costing us anything?
Gasp! Socialism! Collectivist Marxist wealth transfer! To each according to his needs!
I POTUS is only interested in Making America Great & will do anything for US First.
How about just ENDING THE FUCKING TRADE WAR? It would save the country billions of dollars and end the farmers' suffering.
A farm aid bill that WE are paying for to pay for realDonaldTrump's Tariffs against China which will go to support his voters (the farmers) so they will vote for him again. This government is really screwed up and so are the voters who vote for him. ImpeachTrump
US citizens paying for the tarrifs AND a bailout. What a deal!
More Farmer socialism.
.realDonaldTrump kind of like setting a fire and then rushing to be the first to put it out. 🙄🔥
They're trying to pay farmers to not be upset with Trump because his idiotic trade wars have cut the feet out from under them. And he's using the money manufacturers and retailers have to pay on imports do to it.
What was that about socialism?
Just another example of how DJT screws something up and then has to fix the consequences with taxpayer dollars. How long and how much do Americans need to pay for this idiot illegally elected in conspiracy with foreign powers?
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