Trump seeks new $15 billion in bailouts to protect farmers from his own trade war in addition to $12 billion already esrmarked | |
Anonymous Coward User ID: 77642049 United States 05/13/2019 08:22 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 56878238 United States 05/13/2019 08:27 PM Report Abusive Post Report Copyright Violation | Re: Trump seeks new $15 billion in bailouts to protect farmers from his own trade war in addition to $12 billion already esrmarked President Donald Trump is seeking an additional $15 billion in U.S. subsidies in an effort to protect farmers from the devastating impact of his trade war with China. That’s on top of $12 billion already earmarked for the farmers to help them weather the fallout. Quoting: Anonymous Coward 72310812 That would be an additional bill for U.S. taxpayers already shouldering the cost of increased tariffs in the form of higher costs for products and parts from China. Trump revealed the subsidy figure in a tweet Friday. He suggested the government use the funds to buy agricultural products to ship to other nations for humanitarian aid, though setting up such a system would be extremely complicated. In his most recent budget proposal. The president appeared to dismiss the impact of the cost as he falsely claimed — again — that “massive” tariff payments are being paid by China “directly” to the U.S. Treasury, which would presumably be used to cover the cost of the subsidy. There is “absolutely no need to rush” to negotiate a deal with China, he tweeted. In fact, the tariffs are paid by U.S. importers, who pass on the extra costs to the American consumer in the form of higher prices for products, a fact White House economic adviser Larry Kudlowadmitted Sunday. Economists have estimated that the trade war is costing the U.S. more than $3 billion a month. [link to www.aol.com (secure)] And what about the floods? Guess that had no impact right? 2018 was a record harvest. With forecasts looking more likely for El Nino to stick around into fall, odds for above average yields are increasing for what would be a record seventh year in a row. [link to www.farmprogress.com (secure)] |
Anonymous Coward User ID: 74533607 United States 05/13/2019 08:27 PM Report Abusive Post Report Copyright Violation | Re: Trump seeks new $15 billion in bailouts to protect farmers from his own trade war in addition to $12 billion already esrmarked What did Obama do that caused greater losses to farmers than this? Take your Hate Trump propaganda and shove it up your ass, bot boy. Hey bitch. FUCK YOU! hey look, 5 %'s gay ass is still out there turd tampin! a bane wont stop you from ass fuckin every thing in sight |
Anonymous Coward User ID: 77642049 United States 05/13/2019 08:30 PM Report Abusive Post Report Copyright Violation | Re: Trump seeks new $15 billion in bailouts to protect farmers from his own trade war in addition to $12 billion already esrmarked What did Obama do that caused greater losses to farmers than this? Take your Hate Trump propaganda and shove it up your ass, bot boy. Hey bitch. FUCK YOU! hey look, 5 %'s gay ass is still out there turd tampin! a bane wont stop you from ass fuckin every thing in sight Chip can ban you, then you can spend your extra time sucking dick. GET FUCKED. |
Anonymous Coward User ID: 77642049 United States 05/13/2019 08:32 PM Report Abusive Post Report Copyright Violation | Re: Trump seeks new $15 billion in bailouts to protect farmers from his own trade war in addition to $12 billion already esrmarked President Donald Trump is seeking an additional $15 billion in U.S. subsidies in an effort to protect farmers from the devastating impact of his trade war with China. That’s on top of $12 billion already earmarked for the farmers to help them weather the fallout. Quoting: Anonymous Coward 72310812 That would be an additional bill for U.S. taxpayers already shouldering the cost of increased tariffs in the form of higher costs for products and parts from China. Trump revealed the subsidy figure in a tweet Friday. He suggested the government use the funds to buy agricultural products to ship to other nations for humanitarian aid, though setting up such a system would be extremely complicated. In his most recent budget proposal. The president appeared to dismiss the impact of the cost as he falsely claimed — again — that “massive” tariff payments are being paid by China “directly” to the U.S. Treasury, which would presumably be used to cover the cost of the subsidy. There is “absolutely no need to rush” to negotiate a deal with China, he tweeted. In fact, the tariffs are paid by U.S. importers, who pass on the extra costs to the American consumer in the form of higher prices for products, a fact White House economic adviser Larry Kudlowadmitted Sunday. Economists have estimated that the trade war is costing the U.S. more than $3 billion a month. [link to www.aol.com (secure)] And what about the floods? Guess that had no impact right? 2018 was a record harvest. With forecasts looking more likely for El Nino to stick around into fall, odds for above average yields are increasing for what would be a record seventh year in a row. [link to www.farmprogress.com (secure)] So how is China's harvest? |
Anonymous Coward User ID: 77547880 United States 05/13/2019 08:38 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 74457708 United States 05/13/2019 08:58 PM Report Abusive Post Report Copyright Violation | Re: Trump seeks new $15 billion in bailouts to protect farmers from his own trade war in addition to $12 billion already esrmarked It's the literal cost of having a trade war, we are fighting on behest of other industries like automotive and tech with IP rights it's not fair or right if we hanged the farming industry out to die while we waged a war for the rights of our other industries in that market. Some of you people on this site and to be honest, most of society in general need to start using their heads and stop being so black and white and retarded about everything. Taking on China is long over due and it will require some pain on our end |
Anonymous Coward User ID: 77653092 Singapore 05/16/2019 10:09 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 39516942 United States 05/16/2019 10:13 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 66923014 Canada 05/16/2019 10:21 AM Report Abusive Post Report Copyright Violation | Re: Trump seeks new $15 billion in bailouts to protect farmers from his own trade war in addition to $12 billion already esrmarked Don't kid yourself...China needs the food.... They lost half of their protein intake when they lost their pigs... American farmers need a lot of money this year because they lost 1 million cows and got flooded out.... Its perfect timing for Trump to knuckle under China... so shut the fuck up all you stupid ass morons whom listen to the parrots on main stream media.... |
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Anonymous Coward User ID: 37526260 United States 05/16/2019 10:49 AM Report Abusive Post Report Copyright Violation | Re: Trump seeks new $15 billion in bailouts to protect farmers from his own trade war in addition to $12 billion already esrmarked Nike Levis most clothing come from there, if it costs too much because of tariffs, they will return to the US. |
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Anonymous Coward User ID: 77660510 United States 05/18/2019 09:43 PM Report Abusive Post Report Copyright Violation | Re: Trump seeks new $15 billion in bailouts to protect farmers from his own trade war in addition to $12 billion already esrmarked And this is what happens with socialist bailouts from the government: Thread: Farmageddon Looms: Only 30% Of US Corn Fields Have Been Planted, 5 Year Average Is 66% |
Anonymous Coward User ID: 49682276 United States 05/18/2019 10:08 PM Report Abusive Post Report Copyright Violation | Re: Trump seeks new $15 billion in bailouts to protect farmers from his own trade war in addition to $12 billion already esrmarked We're already up to $27 billion in bailouts for this. Quoting: Anonymous Coward 58237347 This can't go on forever. The tariffs already collected 100 billion. It can go on as long as need be. Tariff revenues from all countries, not just China, is running at about $5 billion per month. [link to fm-static.cnbc.com (secure)] |
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Anonymous Coward User ID: 76313497 United States 05/18/2019 10:17 PM Report Abusive Post Report Copyright Violation | Re: Trump seeks new $15 billion in bailouts to protect farmers from his own trade war in addition to $12 billion already esrmarked Here's the real deal . The U.S. wants China to revalue their currency between + 18 & 25%. China wants Gold to be revalued at 3 to 4 times it's current spot price. This is the negotiation and it will come to fruition + or - in the next 18 months. Fact, those heavily invested in paper will get slaughtered , those holding physical metal will survive and profit modestly. The reset has already been decided upon. Just a timing issue now. Gold Standard imminent Silver Tards will ride!! |