Trump suggests the rescue based on customs tariffs for farmers who see huge financial losses from the trade war.

“We will take some of the tariffs we conducted, and we will present it to farmers, who, for a short period, will hurt until the tariff reaches their interest,” Trump told reporters at the Oval Office on Thursday. “So we will make sure that our farms are in good condition, because we take a lot of money.”

Minister of Agriculture Brooke Rollins He said last week that the administration was The weight of this work.

The White House did not respond immediately luckRequest to comment on the details related to the rescue.

Farmers – a A historical circle Among Trump – it seemed that the warnings about how the management tariffs exacerbated the trade conflicts that were exposed to the American export markets as production costs remain high or even more.

“The frustration is overwhelming.” statement Wednesday. “The farm economy is suffering, while our competitors replace the United States in the largest market for soybean import in the world.”

Treasury Secretary Scott Bessin He said on x On Wednesday, the United States will provide financial support to Argentina as it tries to stabilize its economy. As part of stability efforts, Argentina canceled the export tax on soybeans and China And according to what was stated in 10 shipments From the crop from the country of South America. China has received nearly a quarter of US soybean exports in 2024, but has not requested any US soybean since May. The country instead turned into cheaper alternatives than Argentina and Brazil, which continued to overcome its market share of the United States over the past decade.

It was the National Association of Corn Almazaret Likewise, amazedWith the prices of corn to more than 50 % of its peak 2022, while production costs decreased by only 3 % at the same time. Corn It represents 45 % Among the receipts of cash crops in the United States in 2024, according to the US Department of Agriculture.

Meanwhile, production costs continue to production. August Data From the monitoring of agricultural trade at Northern Dakota State University indicates that the customs tariff rates for self -drive machines such as tractors are 15 %, while herbal pesticide rates and some pesticides are 25 % as a result of continuous commercial conflicts.

Trump’s trade was Deja

Trump’s previous actions to save farmers have witnessed mixed success. Many of the problems that American farmers suffer today are a set of issues that have arisen in the first president of the president.

American farmers lost $ 27 billion in agricultural exports between mid -2018 and 2019 as a result of a trade war with China, according to 2022 a report From the US Department of Agriculture. The Trump administration responded first to the crisis 28 billion dollars rescue For farmers, actively erase immediate economic losses. The farmers and economists said the market erosion of the primary trade war lasts.

“The ready -made meals that we have from the last time we have done,” said Todd Mine, Market Development Director at the Illinois Fallo Association. luck.

According to Windong Zhang, Associate Professor of Applied Economy and Politics at the University of Cornell University, financial support for farmers today will have similar consequences.

“It will compensate for immediate economic losses due to definitions, but it does not necessarily improve the long -term competitiveness of agriculture on the world stage,” Zhang told Zhang. luck.

The farmers have clarified their position, on the pretext that a trade agreement with China is the best way to maintain the agricultural export industry, which It reached 176 billion dollars In 2024.

“We can grow anything. What we really want is good relationships with our commercial partners,” said the head to the Illinois Flein Soy. “We want the markets. We don’t want to rescue.”

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