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Showing Original Post only (View all)Trump Eyes '$10 Billion Bailout' For Farmers Hurt By Tariffs [View all]
Source: MEDIAite
Oct 2nd, 2025, 4:01 pm
President Donald Trump is reportedly considering giving American farmers a $10 billion bailout as the industry continues to be hurt by tariffs.
According to a Thursday afternoon report from The Wall Street Journal, the Trump administration is mulling over the idea of using tariff revenue to fund much of the aid. Farmers have seen a dramatic decrease in sales after China amid its ongoing trade war with the United States decided to all but end purchases of American soybeans.
The report continued:
A senior administration official said the discussions have centered on $10 billion to $14 billion in aid. The aid likely would go toward helping soybean producers, as well as other parts of the farm economy. The official stressed that the deliberations were ongoing and that nothing had been definitively settled. The White House didnt immediately respond to a request for comment.
Trump said earlier this week that he planned to push Chinese leader Xi Jinping to buy U.S. soybeans to help struggling American farmers. The two leaders are scheduled to meet on the sidelines of a summit in South Korea in the coming weeks. A deal with China to buy soybeans could change Trumps calculation about providing aid to farmers, the official said.
Read more: https://www.mediaite.com/media/news/just-in-trump-eyes-10-billion-bailout-for-farmers-hurt-by-tariffs/
"Welfare".
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welfare farmers grabbing that socialist cash taken from the wallets of blue state residents. and blaming China lol nt
msongs
Oct 2
#1
He wants their continued support after screwing them over with tariffs and bad policies
JoseBalow
Oct 2
#10
Small famers are less able to navigate requirements and more likely to get bought out at bargain prices
Bernardo de La Paz
Oct 2
#5
tRump gave twice as much to Argentina so they could replace US soy in China markets with their own
Bernardo de La Paz
Oct 2
#4
Yes. $20 billion to Argentina while the dropped their export fees with China who ..
CentralMass
Oct 3
#48
So the American consumer pays the tariffs and also has to bailout Trump voters hurt by the tariffs
surfered
Oct 2
#16
It will happen,he can't afford to have them not voting for Republicans in the mid-terms
Bengus81
Oct 3
#42
Bessent owns millions of dollars worth of soybean cropland in one of the Dakotas.
travelingthrulife
Oct 3
#47