Trump to offer US farmers billions to ease trade pain

Trump Tapping $12B to Help Farmers Affected by Tariffs

The rollout of billions of dollars in aid on Tuesday will be the first action Trump has taken to protect farmers from the whiplash they have had to face in recent months.

U.S. agriculture exports have been a prime target of China and other countries that have retaliated against the series of tariffs Trump has imposed in recent months.

Earlier this month, 25 percent tariffs on $34 billion of Chinese imports of machinery and electronics went into effect, prompting Beijing to respond with tit-for-tat tariffs on American exports of soybeans and other products.

"The administration is trying to negotiate better trade deals", he said. Retaliatory tariffs against the United States have included additional export costs for soybeans, pork, and beef, among other goods and services.

Trump is set to visit Kansas City, Missouri, on Tuesday and will travel to IL and Iowa later in the week - all states that are beginning to see the impact of USA and retaliatory tariffs.

Trump arrives in Finland for summit with Putin
A post-NATO trip to Britain, supposedly America's partner in a "special relationship", was riddled with controversy as well. The demonstrations were peaceful and crossed political party lines to protest against both Trump and Putin .

Politico, citing two sources familiar with the plan, also reported the administration will pay for billions in trade-related aid through the U.S. Department of Agriculture's broad authority and two commodity support programs in a farm bill under consideration in Congress.

"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.

The funds will come through direct assistance, a food purchase and distribution program, and a trade promotion program. "Either a country which has treated the United States unfairly on Trade negotiates a fair deal, or it gets hit with Tariffs", Mr. Trump wrote. "All will be Great!" he concluded.

But the plan magnified objections among many Republicans that the tariffs amount to taxes on American consumers. "This administration's tariffs and bailouts aren't going to make America great again, they're just going to make it 1929 again". Sasse released a statement saying "This trade war has been cutting the legs out from under farmers and White House's "plan" is to spend $12 billion on gold crutches".

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