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Trump's $12 Billion Aid For Farmers An 'Admission' That President's Policies Have Hurt Americans, Says This Economist - Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA), Teucrium Soybea
Benzinga· 2025-12-09 04:06
Core Insights - The $12 billion financial aid package for U.S. farmers is criticized by economists, analysts, and some farmers, indicating dissatisfaction with the administration's trade and tariff policies [1][5][7] Group 1: Impact of Trade Policies - U.S. farmers, a key part of Trump's political base, have suffered due to trade wars, with commodities like soybeans losing export demand as China shifted purchases [2][3] - Although China resumed buying U.S. soybeans, the recovery to pre-trade-war levels is expected to be gradual, with ongoing geopolitical and weather-related challenges affecting the farm sector [3] Group 2: Economic Perspectives - Economist Justin Wolfers argues that the bailout package acknowledges the negative impact of tariffs on Americans, questioning why consumers are not also compensated for increased costs due to tariffs [5] - Republican Senator Rand Paul criticizes the bailouts as an admission that tariffs are harmful to the agricultural economy, reinforcing the view that tariffs are detrimental [7] Group 3: Farmer Sentiment - An American soybean farmer expressed a desire for market stability rather than bailouts, suggesting that funds should be redirected to social programs, and criticized the administration for damaging market conditions [6]
Trump unveils $12 billion in farmers' aid. 💰 🚜 🌾
Yahoo Finance· 2025-12-08 21:54
I'm delighted to announce this afternoon that the United States will be taking a small portion of the hundreds of billions of dollars we receive in tariffs. So, what we're doing is we're taking relatively small portion of that and we're going to be giving and providing it to the farmers in economic assistance. And we love our farmers and they're great people. They're the backbone of our country.So, we're going to use that money to provide 12 billion in economic assistance to American farmers. 12 billion is ...
'Far cry from what we need': Farmer reacts to Trump's $12B aid package
MSNBC· 2025-12-08 20:43
Happening right now at the White House, President Trump is hosting a roundt discussion with farmers. He announced a new 12 billion aid package to help farmers who are struggling because of his trade war with China. Joining us, Arkansas soybean farmer Scott Brown.Scott, really good to have you. Thanks for being here. >> Thanks for having me, Katie.>> 12 billion. How's that sound to you. >> Well, I appreciate the help, but um it's it's it's a far cry from what we need.Just the loss in corn this year with a re ...
Trump Planning $12 Billion Aid Package For Farmers—Here's What We Know
Forbes· 2025-12-08 18:25
ToplinePresident Donald Trump plans to announce a $12 billion aid package for farmers, according to multiple reports, offering much-needed financial assistance from a core constituency hit hard by the administration’s tariff policy.Up to $11 billion of the funds will be reserved for farmers of row crops, including soybeans, who were hit hard during a tariff dispute earlier this year.Getty ImagesKey FactsUp to $11 billion of the aid package will be allotted for an assistance program for farmers producing row ...
Trump to announce $12 billion aid package for farmers caught up in trade war
CNBC· 2025-12-08 17:47
Corn and soybean farmer Don Swanson prepares to harvest his corn crop as he and other Iowa farmers struggle with the effects of weather and ongoing tariffs resulting from the trade war between the U.S. and China that continue to affect agricultural business, in Eldon, Iowa, on Oct. 4, 2019.President Donald Trump is set to announce on Monday that his administration is doling out a $12 billion aid package to farmers who have been squeezed by a trade war between the U.S. and its top economic partners.Treasury ...
Treasury Secretary Bessent says he has divested his soybean farm
Yahoo Finance· 2025-12-07 20:20
Core Points - U.S. Treasury Secretary Scott Bessent has divested his interests in a soybean farm to comply with an ethics agreement [1][3] - The divestiture follows a notification from the U.S. Office of Government Ethics regarding non-compliance with the ethics agreement [2] - Bessent previously owned up to $25 million in soybean and corn farmland in North Dakota, generating rental income of up to $1 million annually [3] Compliance and Ethics - Bessent's ethics agreement required him to divest from his Key Square Group hedge fund and other assets to prevent conflicts of interest [4] - As of August, Bessent had completed 96% of the required asset divestitures, with plans to finalize the remaining assets by the end of the year [4]
四中全会精神在基层·一“县”观察丨唐河 土特产敲开致富门
He Nan Ri Bao· 2025-12-02 23:37
Core Viewpoint - Tanghe County is advancing rural revitalization through the development of a structured and integrated rural industry system, focusing on high-quality agricultural products and deep processing to enhance farmers' income [1][2][3] Group 1: Agricultural Development - Tanghe County is promoting the "Wanmei" rural construction by strategically developing industries based on local characteristics, particularly in high-quality wheat and specialty crops [1] - The county has seen a successful model of "farmer + cooperative," transitioning from scattered individual farming to large-scale, intensive cultivation [2] - The "Xiaojinxiang" pumpkin, cultivated through intercropping with wheat, has shown a stable yield and profitability, with an average income exceeding 2000 yuan per mu [1][2] Group 2: Tourism and Economic Impact - The integration of agriculture and tourism has led to over 2 million annual visitors and a tourism revenue exceeding 1.5 billion yuan [3] - Tanghe County has developed eight modern agricultural industrial parks and nurtured 12 provincial-level leading enterprises, achieving a 78% processing conversion rate for agricultural products [3] - The county aims to create a public brand "Tanghe Gifts" by developing deep-processed products such as leisure foods and biological products [3] Group 3: Future Development Plans - The county plans to enhance agricultural modernization and rural revitalization in line with national and provincial directives, focusing on deep processing of agricultural products to increase farmers' income [2][3] - There is a commitment to developing new products like pumpkin noodles and fig dried fruits to extend the industrial chain [2]
X @Bloomberg
Bloomberg· 2025-12-01 16:59
Climate change has affected many parts of Vietnam — including its ricefields. @FryRsquared visited one of them and spoke with the farmers to understand how they’re finding ways to adapt.Watch The Infinite Explorer https://t.co/VZlIuiECIr https://t.co/TxGFOrCcKS ...
X @BBC News (World)
BBC News (World)· 2025-11-30 08:49
French farm has €90,000 worth of snails stolen https://t.co/hOvGy66Mk5 ...