The latest casualty in Trump's trade war--the American farmers. China slapped tariffs on American soybeans in response to Trump's aluminum/steel tariffs and our farmers are suffering for it. Trump is scrambling for damage control. Wants to give them several billions in bailout money like during the Great Depression. They're not impressed. Neither is the rest of the world. He's the one creating the problem. No quick fixes will undo that.
https://www.politico.com/story/2018/07/2...aid-711958
"Farm groups are going on the offensive with a multimillion-dollar advertising and advocacy campaign against President Donald Trump’s tariffs just days after the administration rolled out a $12 billion bailout for farmers harmed by a mounting trade war.
The launch of the campaign also comes as Trump is due Thursday in Iowa and Illinois, where he is likely to reassure farmers growing increasingly anxious over trade retaliation that has targeted soybeans, pork and other major farm commodities.
“Agriculture is a giant, and it takes awhile to wake it up, but when it wakes up you better watch out,” said Brian Kuehl, executive director of Farmers for Free Trade, which is organizing the campaign.
The nonprofit group, which is backed by the American Farm Bureau Federation and major commodity groups like the National Pork Producers Council, is investing $2.5 million in the four-month campaign aimed at showcasing how the tariffs are causing pain among U.S. farmers and manufacturers because of Trump’s trade policies.
The centerpiece of the campaign is an advertisement set to run on Fox News, CNBC and CNN and in local television and radio markets in Iowa, Pennsylvania and Michigan. The ad calls out a July 19 remark by White House trade adviser Peter Navarro in which he called the impact of tariffs a “rounding error.”
“America’s farmers and factory workers are not a rounding error,” the ad says.
The organization will also deploy digital and print advertising as well as town hall events starting during the August congressional recess to get the attention of lawmakers back in their home states and districts..."
https://www.politico.com/story/2018/07/2...aid-711958
"Farm groups are going on the offensive with a multimillion-dollar advertising and advocacy campaign against President Donald Trump’s tariffs just days after the administration rolled out a $12 billion bailout for farmers harmed by a mounting trade war.
The launch of the campaign also comes as Trump is due Thursday in Iowa and Illinois, where he is likely to reassure farmers growing increasingly anxious over trade retaliation that has targeted soybeans, pork and other major farm commodities.
“Agriculture is a giant, and it takes awhile to wake it up, but when it wakes up you better watch out,” said Brian Kuehl, executive director of Farmers for Free Trade, which is organizing the campaign.
The nonprofit group, which is backed by the American Farm Bureau Federation and major commodity groups like the National Pork Producers Council, is investing $2.5 million in the four-month campaign aimed at showcasing how the tariffs are causing pain among U.S. farmers and manufacturers because of Trump’s trade policies.
The centerpiece of the campaign is an advertisement set to run on Fox News, CNBC and CNN and in local television and radio markets in Iowa, Pennsylvania and Michigan. The ad calls out a July 19 remark by White House trade adviser Peter Navarro in which he called the impact of tariffs a “rounding error.”
“America’s farmers and factory workers are not a rounding error,” the ad says.
The organization will also deploy digital and print advertising as well as town hall events starting during the August congressional recess to get the attention of lawmakers back in their home states and districts..."