It’s a routine that’s become predictable… and unfortunately, pathetic.
Every time President Trump tries to or does something to help average Americans, his enemies lose their minds and twist the story to fit their negative rhetoric.
Or, the mainstream media avoids reporting it altogether.
As first reported by Newsmax, President Donald Trump stated on Monday that him and his team were planning to provide nearly $15 billion in aid to out U.S. farmers whose products might take a hit with tariff issues with China during the looming trade war.
The President stated, “We’re going to take the highest year, the biggest purchase that China has ever made with our farmers. Which is about $15 billion, and do something reciprocal to our farmers so our farmers can do well.”
Since the growing tensions with China on trade began, American farmers have been hit the hardest. For instance, soybean shipments to China saw 16-year lows in 2018… and they’re the U.S.’s most valuable exports.
Soybean futures reportedly fell to 11-year lows last week.
According to Newsmax, this aid program would be the second round of assistance for farmers since the Department of Agriculture’s $12 billion plan last year.
“Out of the billions of dollars that we’re taking (in in tariffs on Chinese imports), a small portion of that will be going to our farmers, because China will be retaliating, probably to a certain extent, against our farmers,” stated Trump.
China lashed out on Monday with another threat to impose higher tariffs on several U.S. goods which reportedly include, frozen vegetables and liquefied gas.
The crisis with tariffs might be just hitting its stride.
According to the report, Beijing imposed tariffs on imports of U.S. agricultural goods which included soybeans, grain sorghum and pork. Soybeans being the main problem since their export to China has plummeted 90 percent… and the sales of U.S. soybean crop has failed to make up sales elsewhere.
This aid will be a huge necessity to keep agriculture alive in the U.S.