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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: 11364
Comments: 59
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: 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.
Thank you, Deckard.
Thank you VERY MUCH.
lol ...
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Begin Trace Mode for Comment # 6.
#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.
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. Bad policy, plain and simple.
It appears that your posting at the top has been heavily edited/redacted. Now missing are key points of truth. This scheme is to buy votes in swing states in danger of losing GOP seats in the upcoming elections, with government welfare wealth spread handouts. Anyone interested in the truth without Gatlin censorship can go directly to the site he posted and read the FULL article (without tater hacking) for themselves. Or.... The Trump administration plans to offer up to $12 billion in aid to farmers hit by tariffs on their goods, an emergency bailout intended to ease the pain caused by Trump's escalating trade war in key electoral states, Secretary of Agriculture Sonny Perdue told reporters Tuesday.
#7. To: hondo68 (#6)
It will no doubt surprise you to learn that the farmers were ALREADY hurt by the $11 billion impact of "illegal tariffs" that other countries have presently imposed on all US agriculture exports….long before Trump placed his tariff program in effect. You need to realize that this emergency aid package was already necessary and in the under consideration to mitigate the hardships farmers have already been undergoing from the tariffs imposed on their products by other countries. Canada charges the U.S. a 270% tariff on Dairy Products! That is ridiculous....absolutely RIDICULOUS. It has been reported that this aid package is a short-term solution and is necessary to give Trump time to work out long term trade agreements that will be a stabilized benefit to agriculture….and all sectors of our economy. So, you taking every opportunity to rail Trump at every opportunity you see or can conjure up is helping nothing. You need to sit down, shut up and let’s see what Trump WILL do….that is not CAN do. There …
Hey! Only Democrats are allowed to do that!
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#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? Government subsidies to farmers to buy votes, and screw Joe Sixpack the taxpayer.
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?
#6. To: Gatlin, censored the article, redacted by Deep State operative, swamp critter (#5)
(Edited)
Trade war bailout: Trump administration plans to offer $12 billion in emergency aid for farmers hurt by tariffs
[Excerpt, bold emphasis added]
Replies to Comment # 6.
That’s NO missing key point of the truth. That’s pure SPECUALTION on your part that you are trying unsuccessfully to PASS off as the TRUTH. You want to deal in the truth….then PROVE to me your statement is true and not merely a conjecture on your part or that of someone else you read someplace.….PROVE IT. It appears that your posting at the top has been heavily edited/redacted. Now missing are key points of truth.
If you want to make a serious post to me so that we may exchange ideas, you best not start off with BULLSHIT. (Edited) at the end of the “Ping Line” does NOT give the “appearance” of a post being heavily edited/redacted. When anyone makes a one letter change in one word, it will result in the same word (Edited) appearing at the end of the ping line. Your post also shows (Edited) which tells me absolutely NOTHING. So, AGAIN, stop with the BULLSHIT. This scheme is to buy votes in swing states in danger of losing GOP seats in the upcoming elections, with government welfare wealth spread handouts.
#9. To: hondo68 (#6)
This scheme is to buy votes in swing states in danger of losing GOP seats in the upcoming elections, with government welfare wealth spread handouts.
End Trace Mode for Comment # 6.
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