The money is paid by importers to the U.S. government, which can redistribute it to the direct victims of the trade war, such as farmers, if it wishes. But that’s a narrow recompense.
It doesn’t help collateral victims, such as the buyers of foreign-made washing machines, the median price of which rose to $835 from $749 after tariffs were imposed on the appliances . It won’t help the estimated who have lost their jobs, in part because of tariffs on the aluminum used to make cans, according to industry reports. Nor will it help others who lose their jobs if the tariffs foment a general economic slowdown.within the farm sector. They’re heavily concentrated among Midwestern growers, including soybean farmers, leaving dairy farmers and others wanting. It’s proper to note that the pain in this sector isn’t a direct result of U.S.
As farmers are well aware, the bailouts won’t compensate them for the longer-term damage to their export prospects. Soybean farmers can’t count their losses simply in terms of lower annual exports while the tariffs are in effect; they’re fearful, rightly, that when former customers such as the Chinese turn to other countries for their supplies, they may never come back.
hiltzikm Hiltz has been wrong for three years straight.
hiltzikm It makes their crap higher priced. Who cares, consumers. Evidently you are assuming we'll continue to buy they're junk no matter the cost.
hiltzikm Just as the Liberals/Socialists and their attack dog the Liberal Fake News media tell us that a tax on corporations isn't taxing the customer. They always fail to point out this fact.
hiltzikm Say no to many bailout are we going to have before we understand not a good idea and who pays all those billions in bailouts ?is it taxpayers?😞😞😞
hiltzikm Natural born idioramus.
hiltzikm Socialism at its finest
hiltzikm No wonder this guy failed in business so often.
hiltzikm Make no mistake the TrumpTax is on Americans
hiltzikm He loves taxing American citizens.
hiltzikm No pain, no gain. Gotta deal with the bad to get to the real good.
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Trump set to send $16 billion to bailout farmers hurt by China trade war'It's a good time to be a farmer, we're going to make sure of that,' President Trump says, announcing $16 billion in aid to farmers as the trade war with China continues His relief bill does though which will stem the bleeding until the trade war won. Which it will be because US has way more leverage than China Did she dare to call this socialist crap from Trump SOCIALISM of the worst type? Paying farmers for their votes due to poor government policy is the type of socialism that failed in Venezuela. Farmers support Trump. Let them bleed financially then. It’s what they want and, besides, they get their welfare checks. Had they taken high school Econ, they’d know trade wars never have winners...only losers. Welfare queens by choice.
Source: CNN - 🏆 4. / 95 Read more »
Farmers—A Key Trump Demographic—Get $16 Billion In Aid Amid Trade FalloutThis is the second aid package for farmers suffering in the U.S.-China trade war. Laziest President ever buying votes Should a President do what is good for the country or what is good for the chances of being elected? Where does stand? 'party of small government and fiscal responsibility'
Source: Forbes - 🏆 394. / 53 Read more »
Trump announces $16 billion in aid to farmers as trade war continuesPresident Trump announces a $16B aid package for American farmers aimed at softening the financial blow created by the ongoing trade war with China. Does he not need congress for this? When the Democrats do it, it’s called Socialism.....when the Republicans do it, it’s called Aid. This is his own doing, yet the average American must pay for it. WAKE UP AMERICA.
Source: NBCNews - 🏆 10. / 86 Read more »
Farmers—A Key Trump Demographic—Get $16 Billion In Aid Amid Trade FalloutAmerican farmers—who were a key demographic in electing Trump—are increasingly losing confidence in the administration as the agriculture industry bears the brunt of the tariffs And where are they gonna find labor ? Americans ain’t gonna pick nothing but their noses !!!! another fake news outlet. Farmers are smart enough to realize that bowing down to China is not good in the long run. realDonaldTrump biggest accomplishment: exposing who is really anti-US and who is not. Funny part he didnt have to do a thing other than win Time you realized. Trump needs to win. You Farmers are just a chip on the game table, and the Chinese love to gamble. Good Luck to you...
Source: Forbes - 🏆 394. / 53 Read more »
Trump announces new $16 billion aid package for American farmers hit in trade warFarm aid package is bigger than last year's $12 billion in emergency aid for farmers and ranchers caught in tariff showdowns. Well, what a gesture! Digging more into middle class pocket! 16 billion?!…But, How this will impact once more the national dept or the face value of the currency?…Trump is throwing more smoke, trying to navigate out of the mess of his own doing... maggieNYT With the 12 billion last year, 16 billion this year, that’s 28 billion we will borrow from China to subsidize farmers because of his tariffs on China. Beautiful!! Trump seems to think the extra they pay for imports and the less they get from exports goes into a national fund somewhere. That's not how tariffs work. Trump's just pilling billions more into the national debt. That is partly owned by china....
Source: washingtonpost - 🏆 95. / 72 Read more »
Watch: Trump talks about America's farmers after administration unveils $16 billion bailoutPresident Donald Trump was expected to deliver remarks Thursday afternoon on supporting America's farmers and ranchers What ever happened to the anti-bailout don’t treat on me GOP? These farmers looking like GM 16 billion in government money to farmers and produce expensive af at the supermarket? What up with dat So, the rest of us will have to pay higher prices to cover the tariffs AND we have to fund your larger Corporate farms. Master Negotiator at work?
Source: CNBC - 🏆 12. / 72 Read more »
Farmers—A Key Trump Demographic—Get $16 Billion In Aid Amid Trade FalloutThis is the second aid package for farmers suffering in the U.S.-China trade war. welfare The farmers I know want to grow and harvest and not sit around getting payoffs. Farm and ranch families comprise just 2 percent of the U.S. population. Can 2% of the US population effect the next election? Asking for a friend...
Source: Forbes - 🏆 394. / 53 Read more »
Trump administration to unveil new $16 billion aid package for American farmers hit in trade warThe Trump Administration will announce a new $16 billion farm aid package to offset losses from the U.S. trade war with China 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.
Source: washingtonpost - 🏆 95. / 72 Read more »
Trump administration announces $16 billion farm aid plan to offset trade war lossesThe Trump administration on Thursday unveiled a $16 billion farm aid package to ... 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
Source: Reuters - 🏆 2. / 97 Read more »
Trump administration announces $16 billion in aid to farmers impacted by trade warThe Trump administration unveils a $16 billion aid package for farmers hurt by the ongoing trade war with China, the second such deal intended to help limit the losses from Chinese tariffs on American goods. 'When the 'extremely stable genius' starts acting more presidential, I’ll be happy to work with him on infrastructure, trade and other issues,' Speaker Nancy Pelosi responds. “I would get a lot of publicity without a lot of trying.” Yeah? Tell it to John Barron, you FRAUD.
Source: ABC - 🏆 471. / 51 Read more »
Banker Indicted For Giving $16 Million For Trump Post (And He Never Even Got The Job)The chairman of a small Chicago bank was indicted for attempting to bribe former Trump campaign chairman Paul Manafort in exchange for a top administration position You did say Chicago bank right? 🤣 Bad suit. Bad tie. Well there we go!!! Really explains as lot of These TRUMP GOP, WH AND STAFF ON HIS ADMINISTRATION!!!
Source: Forbes - 🏆 394. / 53 Read more »