Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

JohnSJ

(98,444 posts)
Wed Apr 9, 2025, 11:00 AM Apr 9

Per Bloomberg TV: US weighs farmer bailout as China retaliation threatens exports.

Who is going to pay for those bailouts dumbasses in the white house?

https://www.bloomberg.com/news/articles/2025-04-09/us-weighs-farmer-bailout-as-china-retaliation-threatens-exports

"Agriculture Secretary Brooke Rollins said the administration is considering plans to offer assistance to farmers amid worries that the US-China trade war will have a disastrous effect on American agricultural producers.

China announced plans to increase tariffs on all American goods to 84% after President Donald Trump raised duties on Chinese imports to 104%. During a smaller trade fight with Beijing during Trump’s first term, his administration used the Commodity Credit Corporation to offer $28 billion to bail out US farmers. The government-owned and operated entity was created to boost farm income and prices.

“We are looking at that again,” Rollins told Bloomberg News Wednesday at the White House. “Obviously everything is on the table, but we’re in such a period of uncertainty in terms of what this looks like.”


6 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

C_U_L8R

(47,143 posts)
1. They're burning money like freaking lunatics
Wed Apr 9, 2025, 11:08 AM
Apr 9

Their tariff policy is destroying revenues and even requires bailouts.
Their 'efficiency' policy is costing millions, perhaps billions, not to mention all the lawsuits they've inflicted on the country.
Consumer prices are poised to go through the roof and we'll all be lucky if we end up with soviet bread lines.
And the orange loaf is running up gigantic bills goofing off at the golf course. WTF.

Congress... you have one job. Do it.

Greybnk48

(10,519 posts)
2. They're talking of giving the farmers WELFARE CHECKS again, after the farmers voted for Trump and his crazy shit?
Wed Apr 9, 2025, 11:10 AM
Apr 9

Their giant signs out in the country and all along highway 41, many of which are still up. Their "Let's go Brandon" flags still up (which is kind os sad). I've lost all respect for this group after supporting the local farmers my entire life, especially against factory farms.
No more. I should start wearing Melania's callous, cruel, racist ugly jacket: "I really don't care, do you?"

UpInArms

(52,628 posts)
3. Fuck those socialist republicans
Wed Apr 9, 2025, 11:12 AM
Apr 9

The ones who always have their hands out for a bailout while producing nothing but monoculture crap

They voted for this, they should lose everything along with the rest of us

BoRaGard

(5,085 posts)
4. For the GOP, "farmer" means industrial ag-chem-GMO corporations
Wed Apr 9, 2025, 11:13 AM
Apr 9

Not ma and pa kettle at your local Sylvan Acres. repubes stomping that out fast.

Latest Discussions»General Discussion»Per Bloomberg TV: US wei...