It seems as if President Trump is at war with Americans. His tariffs are pushing up prices, taking away whatever benefit they may have received from the tax cut.* In addition, many farmers are leaving their crop of soy beams to rot in the fields because of the tariff war.**
The government will pay up to $9.6 billion to crop and livestock producers to buffer the impact of the Sino-U.S. trade war, announced Agriculture Secretary Sonny Perdue on Monday, with the release of a second and final round of $4.7 billion in the Trump tariff payments.**
Still, lots of farmers are going bankrupt.* His attacks on our allies are isolating us in the world. His attacks on abortion are limiting women's choices, but one is insisting that a woman should get an abortion.**
Here is one estimate of the costs to Americans from the Global Trade War:*
(Click On Figure To Enlarge)
*https://www.nytimes.com/interactive/2018/07/12/upshot/trade-war-cost-families.html
https://www.salon.com/2019/02/13/midwest-farmers-going-broke-at-record-rates-thanks-to-trumps-trade-war/
** As it turns out, the Federal government is helping farmers cope with the manufactured tariff problem by subsidizing them.
https://www.agriculture.com/news/business/trump-to-cut-soybean-farmers-a-check-for-165-per-bushel
https://www.agriculture.com/news/business/trump-writes-soybean-farmers-2nd-check-for-tariff-troubles
*** Although in American we don't pay women to have babies (though we do give a $1,000 tax break per child****), it is known to happen in the world (e.bg. Japan and a part of Italy)
https://www.weforum.org/agenda/2018/01/why-people-in-japan-are-being-paid-to-have-babies
https://www.bbc.com/reel/video/p06q933g/the-town-that-paid-women-to-have-babies
**** https://www.irs.gov/newsroom/ten-facts-about-the-child-tax-credit
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