WASHINGTON — The Trump administration announced on Tuesday that it would provide up to $12 billion in emergency relief for farmers hurt by the president’s trade war, moving to blunt the financial damage to American agriculture and the political fallout for Republicans as the consequences of President Trump’s protectionist policies roll through the economy.
Unveiled two days before the president is scheduled to visit Iowa, a politically important state that is the nation’s top soybean producer, the farm aid appeared calculated to show that Mr. Trump cares about farmers and is working to protect them from the worst consequences of his trade war.
But the relief money, announced by the Department of Agriculture, was also an indication that Mr. Trump — ignoring the concerns of farmers, their representatives in Congress and even some of his own aides — plans to extend his tit-for-tat tariff wars.
So Trump creates an economic hardship through his tariff policy and then uses taxpayer money to selectively bail out some of those businesses that are negatively impacted by that policy. No thanks. Just end the policy.
Furthermore, I don’t like the notion of the President pulling $12 billion out of the taxpayers’ couch without any legislative process or appropriation. $12 billion is still a LOT of our money for a single man to throw around.