Wednesday, November 27, 2024

Grassley: Trump’s new tariff threats are just ‘negotiating tool’ — for now

 https://www.politico.com/live-updates/2024/11/26/congress/chuck-grassley-tariffs-donald-trump-00191682

Farm state Republican lawmakers like Grassley have been wary of how Trump’s threat for broad tariffs on the campaign trail could roil the U.S. agriculture sector again, just as American farmers are still recovering from Trump’s 2018 trade war against China.

Beijing slapped crippling retaliatory tariffs on U.S. farm products, which devastated farmers and rural communities, where Trump has strong electoral support. His administration used $28 billion in federal funding from the Agriculture Department to support farmers affected by his trade war.

1 comment :

  1. Again, the US can recover from tarrifs much quicker than Canada, Mexico and China. There is no doubt that those three countries take advantage of the US and refuse America's demands for parity.

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