Trump Lets Make Our Famers Great Again
Trump tweets 'Tariffs are the greatest!' equally $12B in emergency help announced for U.S. farmers
WASHINGTON – The Trump administration has announced a $12 billion "curt-term" plan to assist U.S. farmers defenseless in the crossfire of President Donald Trump's trade disputes with Mainland china and other U.Southward. trading partners.
Agriculture Secretarial assistant Sonny Perdue says the plan will aid a broad number of farmers deal with the cost of "confusing markets" as U.South. trading partners have retaliated for President Donald Trump'south tariffs on imported goods.
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Agriculture officials say the programme will not crave congressional blessing. It involves direct payments to farmers, the purchase of excess nutrient and trade promotion programs to help create new export markets.
Trump said separately during a voice communication in Kansas Metropolis that "farmers will be the biggest casher" of his trade calendar as he seeks ameliorate merchandise agreements.
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Trump declared earlier Tuesday that "Tariffs are the greatest!" and threatened to impose additional penalties on U.S. trading partners every bit he prepared for negotiations with European officials at the White House.
The Trump assistants has slapped tariffs on $34 billion in Chinese goods in a dispute over Beijing's high-tech industrial policies. Red china has retaliated with duties on soybeans and pork, affecting Midwest farmers in a region of the country that supported the president in his 2016 entrada.
Trump has threatened to place tariffs on upward to $500 billion in products imported from People's republic of china, a move that would dramatically ratchet up the stakes in the trade dispute involving the globe'south biggest economies.
Before departing for Kansas City, Trump tweeted that U.S. trade partners need to either negotiate a "off-white bargain, or it gets hit with Tariffs. It's as simple as that."
The president has engaged in difficult-line trading negotiations with China, Canada and European nations, seeking to renegotiate trade agreements he says accept undermined the nation's manufacturing base and led to a moving ridge of job losses in contempo decades.
The imposition of punishing tariffs on imported goods has been a favoured tactic by Trump, but it has prompted U.S. trading partners to retaliate, creating risks for the economy.
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Trump has placed tariffs on imported steel and aluminum, saying they pose a threat to U.S. national security, an statement that allies such as the European Matrimony and Canada decline. He has also threatened to slap tariffs on imported cars, trucks and auto parts, potentially targeting imports that last year totalled $335 billion.
During a Monday event at the White House featuring American-made goods, Trump displayed a green hat that read, "Make Our Farmers Great Again."
The president is meeting with European Commission President Jean-Claude Juncker on Wednesday. The U.Southward. and European allies accept been at odds over the president'southward tariffs on steel imports and are meeting as the trade dispute threatens to spread to automobile production.
© 2018 The Canadian Press
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Source: https://globalnews.ca/news/4349772/trump-tweets-tariffs-farmers-emergency-aid/