Farmers remain critical of tariffs as USA offers billions in aid

Marcus Newton
July 26, 2018

To help reduce some of the pain inflicted by a burgeoning trade war between the USA and its traditional economic allies, the Trump administration on Tuesday announced an aid package worth $12 billion for farmers who've been hurt by the tariffs.

Mark Jackson, who farms with his son and his brother on 2,000 acres in southeast Iowa near Oskaloosa was supportive of Mr. Trump's efforts to realign global trade to an improved balance for the U.S. He said he agrees with the broader goal of balancing trade especially with China.

South Dakota Republican Sen.

"Our farmers have been in nonstop, saying they want trade, not aid, and now they're being put on welfare", Sen. The frequent Trump critic and 2016 rival for the GOP presidential nomination spoke as the 12-day Ohio State Fair opened in Columbus.

On Tuesday, the Trump administration announced it would provide money to farmers impacted by tariffs due to the ongoing trade war. Are we just going to continue and let our farmers and country get ripped off? The EU has a huge stake in the USA industry, where European companies produce nearly 3 million cars a year, accounting for over a quarter of production in the United States.

"When you have people snipping at your heels during a negotiation, it will only take longer to make a deal, and the deal will never be as good as it could have been with unity. The end result will be worth it!" The second second program will buy surplus products, including fruit, nuts, and dairy, and distribute them to food pantries and other programs.

With congressional elections coming soon, the government action underscored administration concern about damage to US farmers from Trump's trade policies and the potential for losing House and Senate seats in the Midwest and elsewhere in November.

"For years, the USA has been losing hundreds of billions of dollars in trade with the European Union, and we just want it to be a level playing field for our farmers, for our manufacturers, for everybody and we also want a big beneficiary, frankly, to be the European Union and we think it can be good for everybody and that's why we are here to discuss", he said, sat alongside Juncker in the White House.

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"Declaring a trade war on the world, instead of the truly bad actors, leaves a lot of collateral damage", Mr Durbin added.

Kasich says that will only compound tariff damage. Trump promptly ordered a review of an additional $200 billion worth of Chinese goods to target for import duties.

"It's a Band-Aid on a broken leg", said Michael Petefish, a 33-year-old Trump supporter and fifth generation soybean farmer in southern Minnesota. "We were being nice - until now!", he wrote.

China is the biggest importer of USA soybeans.

But intra-party condemnation of Trump's trade policy was swift, particularly from Republicans from Midwest and Southern states where the farming industry will be hit hardest.

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President Donald Trump is reportedly ready to push forward with a 25-percent tariff on imported cars ahead of a scheduled meeting with European Commission President Jean-Claude Juncker today.

The trade organizations also asked the Trump Administration to rejoin the Trans-Pacific Partnership and finalize negotiations to renew the North America Free Trade Agreement, two agreements "that will have lasting benefits to wheat growers across the country".

Other reports by MaliBehiribAe

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