Stalin
Well-Known Member
- Joined
- Apr 4, 2008
- Messages
- 3,764
The fool on the hill sees that sun going down
Democratic US Sen. Ron Wyden was among those who emphasized Monday that President Donald Trump’s erratic tariff policies have helped create the very conditions the White House is now citing to justify its new $12 billion relief plan for American farmers.
“Instead of proposing government handouts, Donald Trump should end his destructive tariff spree so American farmers can compete and win on a level playing field,” said Wyden (D-Ore.), the top Democrat on the Senate Finance Committee. “Donald Trump’s trade war is taxing families, killing markets for our farm goods, and driving farmers into bankruptcy.”
“Trump’s plan to bail out farmers won’t even get agriculture communities back to even,” the senator added. “They’re still paying more for fertilizer, equipment, and seeds, while grown-in-the-USA farm goods are facing more obstacles than ever in foreign markets. Don’t forget that all of this trade destruction and taxing was to raise money for Trump’s massive handouts to billionaires and the ultra-wealthy.”
Trump formally unveiled the relief plan Monday afternoon at a White House roundtable with top officials, lawmakers, and farmers of corn, soybeans, and other crops. Reuters reported that up to $11 billion of the funds are “meant for a newly designed Farmer Bridge Assistance program for row crop farmers hurt by trade disputes and higher costs.” The other $1 billion is earmarked for commodities not covered by the program.
“Quite an admission that his policies have hurt Americans,” economist Justin Wolfers wrote in response to the plan.
Farm Action, a farmer-led agricultural watchdog group, welcomed the relief package but said it’s not enough to end suffering caused by “tariffs, soaring input costs, and years of volatile markets.”
www.commondreams.org
comrade stalin
moscow
Democratic US Sen. Ron Wyden was among those who emphasized Monday that President Donald Trump’s erratic tariff policies have helped create the very conditions the White House is now citing to justify its new $12 billion relief plan for American farmers.
“Instead of proposing government handouts, Donald Trump should end his destructive tariff spree so American farmers can compete and win on a level playing field,” said Wyden (D-Ore.), the top Democrat on the Senate Finance Committee. “Donald Trump’s trade war is taxing families, killing markets for our farm goods, and driving farmers into bankruptcy.”
“Trump’s plan to bail out farmers won’t even get agriculture communities back to even,” the senator added. “They’re still paying more for fertilizer, equipment, and seeds, while grown-in-the-USA farm goods are facing more obstacles than ever in foreign markets. Don’t forget that all of this trade destruction and taxing was to raise money for Trump’s massive handouts to billionaires and the ultra-wealthy.”
Trump formally unveiled the relief plan Monday afternoon at a White House roundtable with top officials, lawmakers, and farmers of corn, soybeans, and other crops. Reuters reported that up to $11 billion of the funds are “meant for a newly designed Farmer Bridge Assistance program for row crop farmers hurt by trade disputes and higher costs.” The other $1 billion is earmarked for commodities not covered by the program.
“Quite an admission that his policies have hurt Americans,” economist Justin Wolfers wrote in response to the plan.
Farm Action, a farmer-led agricultural watchdog group, welcomed the relief package but said it’s not enough to end suffering caused by “tariffs, soaring input costs, and years of volatile markets.”
Wyden Says Trump's $12 Billion Farmer Bailout Exposes Folly of 'Destructive Tariff Spree' | Common Dreams
"Donald Trump’s trade war is taxing families, killing markets for our farm goods, and driving farmers into bankruptcy," said Democratic Sen. Ron Wyden.
www.commondreams.org
comrade stalin
moscow
