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Prometheus59650's avatar

𝐓𝐫𝐮𝐦𝐩 𝐭𝐞𝐚𝐦 𝐞𝐲𝐞𝐬 𝐞𝐦𝐞𝐫𝐠𝐞𝐧𝐜𝐲 𝐩𝐥𝐚𝐧 𝐭𝐨 𝐨𝐟𝐟𝐬𝐞𝐭 '𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐝𝐞𝐯𝐚𝐬𝐭𝐚𝐭𝐢𝐨𝐧' 𝐟𝐨𝐫 𝐟𝐚𝐫𝐦𝐞𝐫𝐬: 𝐍𝐘 𝐓𝐢𝐦𝐞𝐬

The Trump administration “is weighing a new round of emergency aid to farmers, who are likely to be caught in the middle if America’s trading partners retaliate.”

“The early discussions offer a tacit acknowledgment that Mr. Trump’s expansive tariffs could unleash financial devastation throughout the U.S. agricultural industry, a crucial voting base that the president similarly tried to safeguard during his 2018 trade war with China,” the Times reports.

The American taxpayer ended up paying farmers about $23 billion during the first Trump administration’s trade war with China. Trump’s new tariffs could push that number far higher, if he decides to protect the agriculture industry.

This quiet acknowledgement that Trump’s tariffs could be calamitous to farmers, likely requiring billions to offset their losses, would appear to destroy his claims that tariffs will enrich the government’s coffers. A top aide, Peter Navarro, has claimed, in what has been described as “Orwellian” remarks, that tariffs are a “tax cut.”

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Fuck them.

They voted for this. They can burn down with their choice.

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Aquaman, Real Estate Investor.'s avatar

No love for Matt "I quit my job just to fail the fucking interview?!!?" Gaetz?

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