Farmers Press for an End to the Trade War as the Trump Administration Rolls Out a $16 Billion Bailout
(Worthy News) - The U.S. just unveiled $16 billion more in federal aid for agriculture. Farmers were of course happy for the funds, but mainly, they want an end to Donald Trump’s trade wars.
“America’s farmers ultimately want trade more than aid,” said Zippy Duvall, president of the American Farm Bureau Federation, the nation’s largest general farm organization. “It is critically important to restore agricultural markets and mutually beneficial relationships with our trading partners around the world.”
The fresh package comes after last year’s $12 billion tranche for farmers. Agriculture incomes have been depressed in the wake of China’s retaliatory tariffs which hurt demand for everything from cotton to pork to soybeans. For Trump, appeasing his rural-voter base has become crucial ahead of 2020 elections. [ Source: Time (Read More...) ]