Trump’s China Tariffs Spawn $30 Billion in New U.S. Farm Bailouts: No End in Sight

President Trump’s punitive tariffs on China lead to $30 billion in new farm bailouts, with no end in sight for these growing subsidies. Will Congress expand funding when the agriculture subsidies hit the legal ceiling this fall? What’s the end game for the president’s trade negotiations? Is it better to have American farmers dependent upon China or upon U.S. taxpayers? Has massive borrowing made the U.S. the richest/poorest country in the world?

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