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Title: Trump tapping $12B to help farmers affected by tariffs
Source: ABC News
URL Source: https://abcnews.go.com/Politics/wir ... s-%20trading-partners-56776822
Published: Jul 24, 2018
Author: KEN THOMAS AND PAUL WISEMAN,
Post Date: 2018-07-24 15:00:56 by Gatlin
Keywords: None
Views: 11384
Comments: 59

The government announced a $12 billion plan Tuesday to assist farmers who have been hurt by President Donald Trump's trade disputes with China and other trading partners.

The plan focuses on Midwest soybean producers and others targeted by retaliatory measures.

The Agriculture Department said the proposal would include direct assistance for farmers, purchases of excess crops and trade promotion activities aimed at building new export markets. Officials said the plan would not require congressional approval and would come through the Commodity Credit Corporation, a wing of the department that addresses agricultural prices.

"This is a short-term solution that will give President Trump and his administration the time to work on long-term trade deals," said Agriculture Secretary Sonny Perdue. Officials said the direct payments could help producers of soybeans, which have been hit hard by the Trump tariffs, along with sorghum, corn, wheat, cotton, dairy and farmers raising hogs.

In Kansas City, meanwhile, Trump told a veterans convention that he was trying to renegotiate trade agreements that he said have hurt American workers, and he asked for patience ahead of key talks.

"We're making tremendous progress. They're all coming. They don't want to have those tariffs put on them," Trump told the Veterans of Foreign Wars national convention.

(backslash)rump declared earlier Tuesday that "Tariffs are the greatest!" and threatened to impose additional penalties on U.S. trading partners as he prepared for negotiations with European officials at the White House.

Tariffs are taxes on imports. They are meant to protect domestic businesses and put foreign competitors at a disadvantage. But the taxes also exact a toll on U.S. businesses and consumers, which pay more for imported products.

The Trump administration has slapped tariffs on $34 billion in Chinese goods in a dispute over Beijing's high-tech industrial policies. China has retaliated with duties on soybeans and pork, affecting Midwest farmers in a region of the country that supported the president in his 2016 campaign.

Trump has threatened to place penalty taxes on up to $500 billion in products imported from China, a move that would dramatically ratchet up the stakes in the trade dispute involving the globe's biggest economies.


Poster Comment:

Thank you, Deckard.
Thank you VERY MUCH.
lol ...

Post Comment   Private Reply   Ignore Thread  


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Begin Trace Mode for Comment # 30.

#3. To: Gatlin, government subsidies (#0)

Twitter

Government subsidies to farmers to buy votes, and screw Joe Sixpack the taxpayer.

Bad policy, plain and simple.

Hondo68  posted on  2018-07-24   16:17:21 ET  (1 image) Reply   Untrace   Trace   Private Reply  


#5. To: hondo68 (#3)

Tariffs are taxes that punish American consumers and producers. If tariffs punish farmers, the answer is not welfare for farmers the answer is remove the tariffs.
Rand Paul said this, eh?

Okay.

Thanks for posting this and again showing yet another reason why Rand Paul made such a poor showing in his effort to become the Republican nominee for president and could have never been elected president. He goes off half-cocked and shoots off his big mouth without knowing Trump’s overall plan.

The young whipper snapper smart ass had to drop out of the 2016 presidential race because he was short on cash and had NO support. He finished under 5 percent in the Iowa caucuses which was less than one quarter of the support his father had drawn four years earlier. Rand Paul tried desperately to pitch his libertarian- infused brand of conservatism as transformational for the Republican Party and he failed, He FAILED miserably.

Now he has “ripped” Trump’s offering of aid to farmers WITHOUT knowing Trumps overall plan and how Trump will handle the grossly imbalanced trade fiasco. Rand THINKS he knows better what to do than Trump does? Give me a frigging break!!!

Rand needs to sit down, shut up and let Trump play out his hand. If Trump is wrong, then Rand Paul can easily say “I told you so.” But neither Rand Paul nor anyone else should ever try to second guess Trump at any time. That has been proven often during the last 19 months.

Government subsidies to farmers to buy votes, and screw Joe Sixpack the taxpayer.

Bad policy, plain and simple.

Since you “seem” to know so much and since you are so well versed in all aspects and ramifications of this newly stated Trump policy that you can declare it plain and simply bad…will you therefore now please tell everyone what Trump’s overall policy and plan is on this matter is?

Gatlin  posted on  2018-07-24   18:27:50 ET  Reply   Untrace   Trace   Private Reply  


#25. To: Gatlin (#5)

But neither Rand Paul nor anyone else should ever try to second guess Trump at any time.

Attaboy! Just shut up and don't criticize your leaders - be a good 'mericun and STFU.

Image description

Deckard  posted on  2018-07-25   6:16:19 ET  (1 image) Reply   Untrace   Trace   Private Reply  


#30. To: Deckard, EVERYBODY (#25) (Edited)

Attaboy! Just shut up and don't criticize your leaders ...
When ALL you do is heap “blah-blah” criticism and NEVER offer suggestions or take actions to make things better....yea, that’s right, just shut up.

It is easy to notice how you, hondo, Bucky and one or two others [all libertarians] never think twice before laying on criticism. In fact, you never think once before you just ignorantly shoot off your mouth. You all are forever showing that your tolerance level for ideas and actions from others that are different from your ideas is non-existent and it often times even makes you extremely argumentative and very easily angered.

You have repeatedly shown the only thing you all CAN do is constantly criticize. You groupies say that something is wrong, terribly wrong yet you NEVER bother to say why it is wrong....and of course you are completely incapable to suggest a better way to do things.

You need to work to change things for the better and not just constantly SCREAM criticisms that something is wrong. Positive suggestions are a far better way to go than just ALWAYS criticizing.

Think about it ...

... be a good 'mericun and STFU.
Nah, be a GREAT American and give positive suggestions to make things better instead of doing NOTHIING but constantly criticizing. If criticizing is ALL you can do, and I see that is ALL you are ever doing, then right....just STFU.

GOD BLESS AMERICA

Gatlin  posted on  2018-07-25   9:01:55 ET  (1 image) Reply   Untrace   Trace   Private Reply  


Replies to Comment # 30.

#32. To: Gatlin (#30)

....just STFU

Hondo68  posted on  2018-07-25 09:24:50 ET  (1 image) Reply   Untrace   Trace   Private Reply  


#33. To: Gatlin (#30)

yea, that’s right, just shut up.

Doubling down on your fascism?

"While some people (like Gatlin) think that dissent is unpatriotic, I would argue that dissent is the highest form of patriotism."

Deckard  posted on  2018-07-25 09:32:04 ET  Reply   Untrace   Trace   Private Reply  


#34. To: Gatlin (#30)

...it often times even makes you extremely argumentative and very easily angered.

Oh, the Irony!!

Deckard  posted on  2018-07-25 09:33:55 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 30.

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