Author Topic: U.S. to Pay Farmers Up to $4.7 Billion to Offset Trade-Conflict Losses  (Read 1080 times)

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Offline Free Vulcan

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Breaking News....

*U.S. Department of Agriculture to Make $4.7 Billion in Payments to Farmers to Offset Trade Losses

U.S. Soybean Farmers to Receive $3.6 Billion, Biggest Share of USDA Payments

USDA to Purchase Food Worth Up to $1.2 Billion to Help U.S. Farmers Mitigate Trade Losses

*USDA to Spend $200 Million on Trade Promotion Programs

*USDA Secretary Perdue: On Trade, China and Others Remain “Recalcitrant and Intransigent”

*USDA to “Continue to Evaluate” Trade Landscape to Determine Additional Payments

(More to Come)

https://www.wsj.com/articles/u-s-to-pay-farmers-up-to-4-7-billion-to-offset-trade-conflict-losses-1535396442?mod=e2tw
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Offline GrouchoTex

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Re: U.S. to Pay Farmers Up to $4.7 Billion to Offset Trade-Conflict Losses
« Reply #1 on: August 27, 2018, 07:33:13 pm »
They had something here about 2-3 weeks ago, along the same lines.
Farm bailouts due to tariff increases.
Is this the same, or an addition to the first one?

Offline catfish1957

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Re: U.S. to Pay Farmers Up to $4.7 Billion to Offset Trade-Conflict Losses
« Reply #2 on: August 27, 2018, 07:53:25 pm »
Wonder how much of the $4.7B will be gong to corporate non- US Agri-business?
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Offline INVAR

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Re: U.S. to Pay Farmers Up to $4.7 Billion to Offset Trade-Conflict Losses
« Reply #3 on: August 27, 2018, 07:55:17 pm »
And we're still going to hear the justifications and lectures about HOW GREAT this little trade was is and how it is benefitting Americans!

4.7 B-B-BILLION for a farmer bailout?????

On top of the 1.4 TRILLION Trump signed in March????

On the spinning meter of debt itself, we're heading to disaster a hell of a lot faster under Trump and Republicans than we were under Democrats.
Fart for freedom, fart for liberty and fart proudly.  - Benjamin Franklin

...Obsta principiis—Nip the shoots of arbitrary power in the bud, is the only maxim which can ever preserve the liberties of any people. When the people give way, their deceivers, betrayers and destroyers press upon them so fast that there is no resisting afterwards. The nature of the encroachment upon [the] American constitution is such, as to grow every day more and more encroaching. Like a cancer, it eats faster and faster every hour." - John Adams, February 6, 1775