Trump's Emergency Aid for Farmers in Context
Farm Aid
The U.S. trade war has taken a domestic turn. President Trump, doubling down on his protectionist efforts, has announced a $12 billion emergency aid package to U.S. farmers to blunt any economic or political damage from his tariff policies.
These efforts come in the lead up to a presidential visit to Iowa-- a key primary state known for its soybean production and corn -- and a meeting with Jean-Claude Juncker, the European Commission president where the two leaders are scheduled to discuss trade.
The United States oilseed and grain trade in 2017 totaled $13.7 billion with China alone, comparable to the $12 billion coming from the Department of Agricultural. State representatives from localities where manufacturing and energy production are prominent now are asking where their aid relief is.
These efforts come in the lead up to a presidential visit to Iowa-- a key primary state known for its soybean production and corn -- and a meeting with Jean-Claude Juncker, the European Commission president where the two leaders are scheduled to discuss trade.
The United States oilseed and grain trade in 2017 totaled $13.7 billion with China alone, comparable to the $12 billion coming from the Department of Agricultural. State representatives from localities where manufacturing and energy production are prominent now are asking where their aid relief is.