Trump Readies New Round of Aid to Farmers Hit by China Trade War

[demmiblue]

Source: Bloomberg

The Trump administration is preparing to announce another round of aid to farmers hurt by the trade war with China as soon as Thursday, people familiar with the plan said, a package of assistance that could exceed $15 billion.

The aid plan is largely modeled on the program the administration put in place last year after China slapped retaliatory tariffs on U.S. agricultural products, though the payments will be more generous.

The administration is considering payments of about $2 per bushel to soybean growers, 63 cents per bushel to wheat growers and 4 cents per bushel to corn growers to compensate for losses from the trade war, according to two people familiar with the payment levels, who asked not to be identified because the aid plan hasn’t been made public.

The administration last year paid $1.65 per bushel for soybeans, 14 cents per bushel for wheat and 1 cent per bushel for corn.

Read more: https://www.bloomberg.com/news/articles/2019-05-21/trump-farmers-trade-war

[LogicFirst]

1. Buying votes

with our money. That is how Trump does everything: on someone else's money.

[pazzyanne]

21. Question-

Where is the money for this coming from? Trump is already funneling money from the TSA and FEMA for his stupid border wall. Seems to me this stinks to high heaven!

[matt819]

2. And just think

All he had to do was, well, absolutely nothing.

Farmers would have sold their soybeans and corn to China - no federal government bailout, apart from the usual pork (so to speak) in the farm bill.

Of course, to vote no on bailouts for farmers would be suicide.

[Honeycombe8]

3. It's called pay-for-votes. nt

[mwb970]

4. More socialism.

[duforsure]

5. He's paying them off

With our money from his failed policies he's promoting, and his promises almost always aren't kept then he blames others.

[NoMoreRepugs]

6. Laying the groundwork for votes by using other peoples money.

[dlk]

7. More Socialism from Trump and Republicans

How many ways can you spell hypocrisy?

[Bengus81]

8. Funny how those farmers can live with THIS kind of Welfare and socialism...........

HYPOCRITE BASTARDS...........

[ArizonaLib]

24. Same as my first thought

Children in cages and welfare to farmers. Are these the same farmers who send representatives to congress who are voting for work required welfare/assistance?

[Farmer-Rick]

9. Shit, I get 8 to 10 times that per bushel

But then my soybeans are non-GMO, Certified Naturally Grown and well, really edamame. But even then, I've lost some customers because the chemical farmers are now looking for markets and they pick up the customers that don't want chemical-free that I was selling to. I do black soybeans in larger quantities and get lower, wholesale prices for them but even they are selling 4 times that price.

[Maxheader]

27. 4 times the subsidy ... ?

Or 4 times market price?

[oasis]

10. He needs to be called out on this by the MSM. Bigtime.

[louis-t]

11. We are being punished twice.

We get to pay higher prices because of stupidface, then we get taxed more to pay off the people he screwed in the first place.

[Marie Marie]

14. My thoughts exactly.

[louis-t]

16. So much winning.

[Achilleaze]

12. For a republican who pays no taxes, Dirty Donny* is awfully damn liberal

with our tax money.

* aka republican Draft-Dodger-in-Chief

[keithbvadu2]

13. Something you won't hear from a Trump-country farmer: Rejecting Donald's socialism.

Something you won't hear from a Trump-country farmer:
Rejecting Donald's socialism.

[cstanleytech]

18. That cartoon is probably 99.99999999999999999999999999999999% accurate.

[yaesu]

15. The real welfare queens are & always have been corporations. nt

[Bernardo de La Paz]

17. Tax paid buyoff for tRump's base. . . . nt

[roamer65]

19. What bullshit.

Where are the subsidies for other businesses affected by his stupid tariffs?

End all agricultural subsidies...NOW.

[tanyev]

20. But, teh socialism!

[bluestarone]

22. TOTAL BULLSHIT

Worst people on earth right now! The whole tRUMP family with the RETHUGS behind them!!!

[procon]

23. Is Trump going to subsidize consumers who will

be forced to pay more for the goods they buy?

[riversedge]

25. Trump bragged about being the #Tariffman--it is the Trump trade war!!

[walkingman]

26. Farmers welfare - Don't ever let me hear these rednecks talk about welfare queens again.

[Cicada]

28. Oddly the aid excludes food made mainly in California

It does not help those growing nuts and fruits. California is getting clobbered by China’s sanctions on those. It does help those growing soybeans and other crops grown mainly in red states.

[marlakay]

29. So now we pay farmers with our taxes

Because Trump charged money to China which we will pay by paying farmers and higher prices for goods.

Tell me how that helps Americans?

I don’t see how it helps even Trumps buddies.

[riversedge]

30. This will not maga!