Trump to Give Farmers Aid, but Farmers Aren't Thrilled

Trump to Give Farmers Aid, but Farmers Aren't Thrilled

Trump declared earlier Tuesday that "Tariffs are the greatest!" and threatened to impose additional penalties on US trading partners as he prepared for negotiations with European officials at the White House.

"While we appreciate the move to provide stopgap assistance, this plan is a short-term fix to a long-term problem", said National Farmers Union President Roger Johnson, who said it's estimated that farmers lost more than $13 billion alone last month due to trade disruptions. Trump risks escalating the trade war with the suggestion he might impose more tariffs on automobiles and other products if countries don't negotiate better trade deals with the United States.

According to a joint poll by NBC and the Wall Street Journal, 49 percent of respondents said Trump's tariff plan will raise the costs of goods and hurt the economy.

The president, speaking at an event in Kansas City on Tuesday, reaffirmed his support for tariffs and pledged that "farmers will be the biggest beneficiary".

Yet for all the harsh words, Politico reported there is little to no movement to stop the tariffs or the bailout to farmers whom the tariffs are hurting.

"These countries have been ripping us off for decades", he said.

At a speech Tuesday, he asked farmers to not believe reports that a trade war is a bad thing.

'Tariffs are taxes that punish American consumers and producers, ' Kentucky GOP Sen.

"If tariffs punish farmers, the answer is not welfare for farmers - the answer is remove the tariffs", Paul tweeted.

The aid programs include payments to producers of soybeans, sorghum, corn, wheat, cotton, dairy and hogs, along with purchases of unexpected commodity surpluses and efforts to develop new export markets, the U.S. Department of Agriculture said.

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The U.S. otherwise could risk losing out to competitors like Brazil, which produces soybeans, or Ukraine and Russian Federation, both large wheat producers.

He added: "Pretend someone smashed your vehicle, and then someone said, 'Don't worry, I will give you a ride to the next place you have to go.' Well, thank you, I appreciate the ride, but what am I going to do the next 10 rides I need after that?"

'American farmers want markets, not handouts, ' he said in a statement.

"My farmers are desperate, they need to make sure they have a lifeline", Heitkamp said.

The president on Wednesday will meet with European Commission President Jean-Claude Juncker at the White House as the EU hopes to convince him to hold off from raising tariffs on imported cars and avoid a trans-Atlantic trade war.

"They're all aiming at anybody that likes me", he said. "Importantly, the USDA intends to use a Trade Promotion Program to develop new export markets for American agricultural products".

Trump's tweet comes after his administration already imposed $34 billion on Chinese imports and targeted an additional $16 billion goods.

Retaliatory tariffs levied on the trading partners have taken aim at America's farmers, including many soy and pig farmers, the AP noted.

Trump has placed tariffs on imported steel and aluminum, saying they pose a threat to US national security, an argument that allies such as the European Union and Canada reject.

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