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Showing posts with the label Sonny Perdue

New farm aid announced amid tariff war, but are Black farmers being left out?

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Pres. Trump met with farmers at the White House and  announced a $16 billion government bailout  on Thursday, the second government revenue rescue effort in a year.  He claimed the payout, which is being allocated  through the USDA,  will "all come from China," while the U.S. is  still in the midst of a trade war with them.  This commitment sounds similar to saying Mexico is going to pay for the border wall. The president admitted the politics of the year-long tariff tussle with China has hurt the farming industry.  Some farmers  say Trump can do more and are still waiting for the government to make good on a previous promise for financial aid.  Just last year Pres. Trump endorsed a  $11 billion farm aid package. With no end in sight for the U.S.-China trade negotiations more aid is being offered to absorb some of the blow to farmers' bottom line. “The plan we are announcing today ensures farmers do not ...