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Trump tapping $12B to help farmers affected by tariffs
wral.com ^ | July 24, 2018 | KEN THOMAS and PAUL WISEMANl, AP

Posted on 07/24/2018 12:01:08 PM PDT by Freedom'sWorthIt

WASHINGTON — 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.

(Excerpt) Read more at wral.com ...


TOPICS: Breaking News; Business/Economy; Canada; Government; Mexico; News/Current Events
KEYWORDS: 2018election; 2020election; agriculture; aid; canada; china; debt; deficit; election2018; election2020; farmers; farming; maga; mexico; nafta; nevertrump; nevertrumper; nevertrumpers; pork; soybean; subsidies; tariffs; trade; trump; trumptrade; welfare
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To: beergarden

You are totally right. Welfare bums stuffing themselves at the public hog trough are disgusting and may soon be endangered species.

Idea: take money directly from their benefits and apply that to the farmers. If they want more money they can get a job, LIKE US.


21 posted on 07/24/2018 1:03:03 PM PDT by frank ballenger (End vote fraud , non citizen voting & leftist media news censorship or we're finished.)
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To: Freedom'sWorthIt

Not a good idea.


22 posted on 07/24/2018 1:44:36 PM PDT by mulligan (EeThe)
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To: Freedom'sWorthIt

The only subset of farmers that I object giving money to are the corn farmers who help produce that lousy ethanol. Corn is food for people and animals. It is not fuel.Mandating ethanol is a Leftist hold-over that should die. It wears out our engines and reduces gas mileage. Our fantastic oil and gas producers are well equipped to provide all the energy we need.


23 posted on 07/24/2018 1:50:20 PM PDT by txrefugee
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To: txrefugee

Agree.


24 posted on 07/24/2018 2:00:31 PM PDT by Freedom'sWorthIt
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To: mulligan

This is supposed to be temporary until new trade deals can be processed. If so, it may mitigate some of the negative effects of the new tariffs. Temporarily.


25 posted on 07/24/2018 2:02:19 PM PDT by Freedom'sWorthIt
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To: Freedom'sWorthIt

The taxpayers are paying for Trump’s trade war. What’s next — subsidies for automakers hurt by retaliation? How about subsidies for me when I pay higher prices for tariffs goods?


26 posted on 07/24/2018 2:02:48 PM PDT by Socon-Econ
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To: txrefugee
Corn is food for people and animals. It is not fuel. Mandating ethanol is a Leftist hold-over that should die.

Good luck with that. Donald Trump disagrees with you.

27 posted on 07/24/2018 2:03:40 PM PDT by NorthMountain (... the right of the people to keep and bear arms shall not be infringed)
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To: Freedom'sWorthIt

20 years ago this would have made me mad. But realizing that the left his use the power of government to buy votes for the last 20 years my attitude now is let’s give all the money to our voters and let’s reward our voters and keep them voting against communism screw the other side


28 posted on 07/24/2018 2:04:55 PM PDT by BRL
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To: Socon-Econ

I agree. I don’t like Tariffs. But if they are now in place, I am for something to help those affected as much as possible. But it seems inflation will hit all who purchase tariffed goods. Am not an economist but just don’t like tariffs. But we do have huge trade imbalances. They have to be dealt with.

In the meantime.....helping those affected seems to me to be a necessary evil. We’ll see where it leads.


29 posted on 07/24/2018 2:10:05 PM PDT by Freedom'sWorthIt
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To: Freedom'sWorthIt

We’ll make the 12 billion back from the new tariffs. Win-win.


30 posted on 07/24/2018 2:15:54 PM PDT by Hugin (Conservatism without Nationalism is ba fraud.,)
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To: Freedom'sWorthIt
This is just temporary, right?


31 posted on 07/24/2018 2:16:34 PM PDT by plain talk
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To: Freedom'sWorthIt

Excellent, all in for the stretch against China. Yes.


32 posted on 07/24/2018 2:25:34 PM PDT by CharleysPride (Peace, Freedom and Prosperity. Thank you, President Trump.)
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To: Hugin

Yes we will! Good point!


33 posted on 07/24/2018 2:29:00 PM PDT by Freedom'sWorthIt
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To: plain talk

Great photo.....but this 12 billion for farmers is coming from the executive branch, not Congress. What the executive branch starts, it can stop.


34 posted on 07/24/2018 2:30:03 PM PDT by Freedom'sWorthIt
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To: CharleysPride

Me too.


35 posted on 07/24/2018 2:30:31 PM PDT by Freedom'sWorthIt
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To: txrefugee

Speaking of ethanol, why hasn’t Trump told the EPA to throw out the Obama gas can lids and go back to the old school spouts? We need to make gas can spouts great again.


36 posted on 07/24/2018 2:35:18 PM PDT by mikhailovich
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To: Freedom'sWorthIt

I usually oppose all subsidies, but if this is temporary — God , I hope so — until better trade deals are negotiated, I can live with it. Once the trade deals are on a level playing field, ALL subsidies should end.


37 posted on 07/24/2018 2:48:50 PM PDT by trublu
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To: Freedom'sWorthIt

My gut reaction is that this is not a good thing. I am against subsidies. Somebody on the left said that this was welfare. I agree with them, but since when were Democrats against welfare?


38 posted on 07/24/2018 2:57:16 PM PDT by refreshed (But we preach Christ crucified... 1 Corinthians 1:23)
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To: DoodleDawg

Truer words have never been spoken.

And now, 20 years into that trade War, finally someone on our side realized that we’re at War and that it’s easily won.


39 posted on 07/24/2018 2:58:42 PM PDT by Balding_Eagle ( The Great Wall of Trump ---- 100% sealing of the border. Coming soon.)
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To: Balding_Eagle
And now, 20 years into that trade War, finally someone on our side realized that we’re at War and that it’s easily won.

Farmers don't seem to be winning, at least soybean and pig farmers aren't.

40 posted on 07/24/2018 3:03:16 PM PDT by DoodleDawg
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