{"id":79,"date":"2026-05-27T09:42:12","date_gmt":"2026-05-27T09:42:12","guid":{"rendered":"https:\/\/longdistancemoversusas.com\/?p=79"},"modified":"2026-05-27T09:42:12","modified_gmt":"2026-05-27T09:42:12","slug":"trumps-tariff-relief-money-to-farmers-is-duct-tape-on-a-broken-pipe","status":"publish","type":"post","link":"https:\/\/longdistancemoversusas.com\/?p=79","title":{"rendered":"Trump\u2019s tariff relief money to farmers is duct tape on a broken pipe"},"content":{"rendered":"
\n

President Donald Trump was in a self-congratulatory mood as his administration announced a $12 billion aid package to help bail out struggling American farmers. \u201cNow we\u2019re once again in a position where a president is able to put farmers first,\u201d Trump crowed during a roundtable of farmers and lawmakers Monday at the White House. \u201cUnfortunately, I\u2019m the only president that does that.\u201d<\/p>\n

Read more Indiana Republicans refused to be put in a gerrymandered box<\/a><\/p>\n

\u201cThis money would not be possible without the tariffs,\u201d Trump told the group. \u201cThe tariffs are taking in, you know, hundreds of billions of dollars, and we\u2019re giving some up to the farmers because they were mistreated by other countries, for maybe the right reasons, maybe wrong reasons.\u201d<\/p>\n

It\u2019s a remarkable statement for three reasons.<\/p>\n

First, in contrast to what the president said, the subsidies to farmers are not actually being funded by the tariffs Trump has championed since returning to office. And the only reason a bailout was needed was because of the effect of the tariffs Trump imposed in April.<\/p>\n

(The least consequential but funniest reason is the implication that American farmers were being mistreated by foreign countries but maybe the other countries\u2019 hearts were in the right place.)<\/p>\n

The Agriculture Department\u2019s Farmer Bridge Assistance program will distribute some $11 billion to row crop farmers who produce corn, soybeans, rice, wheat and other staple crops. According to a USDA press release, the program is meant to \u201caddress market disruptions, elevated input costs, persistent inflation, and market losses from foreign competitors engaging in unfair trade practices that impede exports.\u201d <\/p>\n

An additional $1 billion is set aside for potential help to farmers of commodities such as sugar and other specialty crops that don\u2019t normally qualify for the assistance program. The bulk of the funds will be released by the end of February to farmers who apply for the aid.<\/p>\n

Read more Meet the MAGA world pastor who is trying to convert Trump on Ukraine<\/a><\/p>\n

Crucially, despite Trump\u2019s statements, as the New York Times reports the \u201cbridge payments\u201d to farmers \u201care not being funded directly by tariff income.\u201d But those tariffs have<\/em> dealt a massive blow to the farmers who are turning to the USDA for financial aid. The increased cost of \u201cagricultural inputs,\u201d which include seeds, fertilizer, pesticides and mechanical equipment, has cost farmers $33 billion this year, according to North Dakota State University\u2019s\u00a0.\u00a0I\u2019m not a mathematician, but that is quite a bit more than the $12 billion the government is about to dole out.<\/p>\n

Meanwhile, countries that would normally buy American produce have been placing their own retaliatory tariffs on U.S. products. Soybean farmers have taken a particularly massive hit this year. China, the world\u2019s biggest importer of American soybeans, has all but boycotted them in response to Trump\u2019s onslaught of tariffs in May. Soybeans are also America\u2019s biggest agricultural export, accounting for about 14% of the crops shipped overseas, making the whammy to the sector especially potent.<\/p>\n

The recent deescalation between Washington and Beijing has led to an uptick in Chinese soybean purchases \u2014\u00a0 but the shift came late enough in the harvest season to ensure that prices depressed from reduced demand stayed low. Likewise, moves to cut tariffs on imports such as fertilizer have helped some, but the economic damage Trump began inflicting back in the spring is still reverberating.<\/p>\n

As NPR reported Monday, farmers it interviewed already say the administration\u2019s bailout, while welcome, is not enough. The farmers are right. A one-time federal intervention doesn\u2019t correct the strife that Trump\u2019s tariff regime continues to fuel. The same was true during Trump\u2019s first administration, when farmers received a massive bailout program to help offset the pain from the trade war he launched against China back then.<\/p>\n

In April, when the president began unveiling his tariff levels, I argued that Trump\u2019s trade policy mostly consists of patching together half-considered solutions to problems that Trump himself has created and calling it a win. There was no clear strategic end game then to his scattershot approach from a White House scrambling to justify the tariffs\u2019 existence beyond Trump\u2019s appetite for them. The money that is poised to be paid out to America\u2019s farmers shouldn\u2019t be mistaken as anything more substantial than duct tape on a broken pipe:\u00a0It may give the appearance of helping while doing little to fix the underlying problem \u2014 which threatens to rupture again at any moment.<\/p>\n

Read more Susie Wiles is Trump\u2019s perfect enabler-in-chief<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The $12 billion bailout package announced at the White House is far less than what farmers have had to pay in increased prices this year thanks to Trump\u2019s tariffs.<\/p>\n","protected":false},"author":1,"featured_media":78,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-79","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us"],"yoast_head":"\nTrump\u2019s tariff relief money to farmers is duct tape on a broken pipe - Long Distance Movers USA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/longdistancemoversusas.com\/?p=79\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump\u2019s tariff relief money to farmers is duct tape on a broken pipe - 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