Trump to Provide $12 Billion in Aid to Farmers. Critics Cry ‘Welfare!’

Posted July 26, 2018

According to the Wall Street Journal, South Dakota Senator Mike Rounds, a Republican, asked: "At what point do we start seeing things move out of the chaotic state they are in now and to where we actually see new trade agreements?"

Trump has placed tariffs on imported steel and aluminum, saying they pose a threat to US national security, an argument that the European Union and Canada rejects.

European Commission president Jean-Claude Juncker appears to have made several concessions to US President Donald Trump in an effort to avoid a trade war, including buying more US soybeans and LNG.

The newly-introduced tariffs had a particular impact on the EU-produced steel and aluminum, while US President Trump also suggested introducing a 20% duty on all European imported cars.

Farmers in the USA have been adversely impacted after the Trump administration imposed tariffs on aluminium and steel imports, triggering a trade war with several countries including China, which has announced retaliatory measures against American goods.

India becomes latest country to scrap tax on sanitary towels
Around 90 consumer items, many of them popular with urban middle-class voters, will be impacted by the tax cut. Asked about the revenue impact of the tax rate cut, Goyal said it will only be "nominal".

As part of the initiative to be announced on Tuesday, the USDA is expected to draw on the financial resources of a program known as the Commodity Credit Corporation, which helps shore up USA farmers by buying their crops.

Juncker said it his "intention to make a deal" that would work towards zero tariffs on industrial goods.

"Countries that have treated us unfairly on trade for years are all coming to Washington to negotiate", he said in a pre-dawn tweet. "We urge the Administration to recognize this self-inflicted damage and to end the trade war immediately as well as to work within the rules-based trading system in partnership with like-minded countries to address serious problems in the global economy". On Tuesday, his administration said it would use a Depression-era program to pay farmers up to $12 billion, easing the pain for a politically important Trump constituency. The EU is trying to nudge Trump here, quite rightly, to resolve his differences with Europe on trade so that the two sides can join forces against a more menacing adversary.

Before the talks with Juncker, Trump has threatened to impose additional penalties on trading partners as he prepares for talks with European officials at the White House.

Trump said separately during a speech in Kansas City that "farmers will be the biggest beneficiary" of his trade agenda as he seeks better trade agreements. As for how farmers can apply for assistance, those details are still being worked out. While Juncker vowed that the European Union would purchase more soybeans and liquefied natural gas, he can't command private companies to do that.

Hart included in Man City's pre-season tour of the US
Since Guardiola arrived at City as boss in the summer of 2016, Hart has had season-long loan spells with Torino and West Ham. We tried, but players have to go where they go.

As US soybean farmers have struggled against retaliatory tariffs, Juncker said the European Union "can import more soybeans from the US and it will be done".

The EU in particular has responded with retaliatory tariffs on a wide range of US products, including bourbon, blue jeans, cigarettes, and motorcycles.

The Agriculture Department is announcing a $12 billion "short-term" plan to help US farmers hurt by retaliatory tariffs.

Trump tweeted that China was specifically targeting US farmers with retaliatory tariffs because "they know I love & respect" them. "The administration's trade aid plan is also a bid to shore up support among a slice of the rural electorate ahead of the midterm elections", Politico said.

Judge orders alleged Russian agent Maria Butina jailed
The NRA has sought to downplay the extent of Russian-based financial contributions , but has yet to weigh in on Butina's arrest . Butina is also a gun rights activist in Russian Federation and a former gun store owner.