'Tariffs are the greatest!': Trump reissues threat against United States trading partners

'Tariffs are the greatest!': Trump reissues threat against United States trading partners

The rollout of billions of dollars in aid on Tuesday will be the first action Trump has taken to protect farmers from the whiplash they have had to face in recent months. The plan aims to provide temporary relief to farmers who have faced retaliation from US trade partners during Trump's escalating trade dispute with China.

The $12 billion in funding will arrive through direct assistance, a food purchase and distribution program, and a trade promotion program, all paid for by USA taxpayers.

"The administration is trying to negotiate better trade deals", he said.

The aid package is expected to target soybean farmers, dairy farmers, and pork producers, among others.

Agriculture officials say the plan will not require congressional approval. The imposition of punishing tariffs on imported goods has been a favoured tactic by Trump, but it has prompted USA trading partners to retaliate, creating risks for the economy.




Canada, Mexico and the European Union also struck back at Trump's leveling of USA steel and aluminum tariffs by hitting U.S. exports of agriculture products and other heavily exported United States goods. Ryan said he doesn't support tariffs. It involves direct payments to farmers, the purchase of excess food and trade promotion programs to help create new export markets.

In a Tuesday morning tweet, he called tariffs "the greatest", saying every USA trade partner should either negotiate a "fair deal, or it gets hit with Tariffs".

Mr. Trump's stance is in direct opposition to bipartisan criticism toward his tariff policies. And American consumers are the ones who get hit with US -imposed tariffs. "For decades, we've seen tariffs, we've seen barriers to selling product, and it needs to be fixed". "They are taxes, paid by Americans, that harm consumers, workers, and companies".

Sen. Ben Sasse (R-Neb.) was even more scathing in his response to this move.

They include such iconic American brands as Campbell Soup and Lockheed-Martin - which will have a model F-35 fighter jet on the White House lawn - to obscure manufacturers who make wine, brooms, horseshoes and animal feed.

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