Trump threatens more tariffs on USA trading partners

Trump Tapping $12B to Help Farmers Affected by Tariffs

Trump Tapping $12B to Help Farmers Affected by Tariffs

Soy prices have fallen particularly hard in the past few months, though Trump has tried to deflect blame and promised to somehow take care of these farmers, many of whom are from politically crucial states like Iowa and Wisconsin.

President Donald Trump on Tuesday bragged about the trade wars he started - even though reports from around the country indicate that these trade wars are poised to hammer American farmers.

Those four, as well as Turkey, were slapped with disputes at the World Trade Organization by the U.S.

The official Trump administration line right now is that the trade war he's launched against China, the European Community and others is a total no-brainer, and simply a matter of Uncle Sam deciding to stop being Uncle Sucker. China has retaliated with duties on soybeans and pork, affecting Midwest farmers in a region of the country that supported the president in his 2016 campaign.

Manchester City focus on deals for Sterling, Sane and Jesus
At the same time, he pursued a deal for Napoli's Jorginho, a very similar midfield player who eventually joined Chelsea . If they are ready they'll help us and if not we'll wait for them.

The Washington Post notes that the program was created so long ago that it doesn't require congressional approval while taking out a loan of up to $30 billion. After Trump hit China with tariffs, they responded with a 179 percent retaliatory tariff on us sorghum. The U.S. and European allies have been at odds over the president's tariffs on steel imports and are meeting as the trade dispute threatens to spread to automobile production.

"I'm only in favor of the tariffs to fix the problem that's been going on for decades", Bruce Rastetter said during an interview with FOX Business' Stuart Varney on Tuesday.

Where is the $12 billion coming from?

Trump wrote. "Either a country which has treated the United States unfairly on Trade negotiates a fair deal, or it gets hit with Tariffs". "All will be Great!" he concluded. "The fact that other countries are bad at economics-and harm their own people with tariffs and other protectionist schemes-does not justify our own economic incompetence". "They are taxes, paid by Americans, that harm consumers, workers, and companies". "This administration's tariffs and bailouts aren't going to make America great again, they're just going to make it 1929 again".

Recommended News

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.