Trump administration plans to help farmers hurt by global trade tensions

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President Donald Trump declared Tuesday that "Tariffs are the greatest!" and threatened to impose additional penalties on USA trading partners as he prepared for negotiations with European officials at the White House.

The Agriculture Department was expected to announce the plan later Tuesday.

Before departing for Kansas City, Trump tweeted that US trade partners need to either negotiate a "fair deal, or it gets hit with Tariffs".

Trump had previously directed Agriculture Secretary Sonny Perdue to explore options to mitigate financial losses U.S. farmers are suffering as trade tensions between the United States and other countries heat up.


United States agriculture exports have been a prime target of China and other countries that have retaliated against the series of tariffs Trump has imposed in recent months.

"The single best tribute to our workers can be found in the unmatched quality and craftsmanship of the wonderful products they bring from the blueprint to the storefront", Trump added in a statement.

The imposition of punishing tariffs on imported goods has been a favored tactic by Trump, but it has prompted USA partners to retaliate, creating risks for the economy.

The US slapped tariffs on $34 billion of Chinese imports. He has also threatened to slap tariffs on imported cars, trucks and auto parts, potentially targeting imports that past year totaled $335 billion.


Retaliatory tariffs on goods such soybeans, pork, beef and bourbon have hit farmers' and others' bottom lines in Wisconsin, North Carolina, Ohio, Iowa and Kentucky. Trump has threatened to ratchet that up to more than $500 billion, a move that has left financial markets uneasy. "For decades, we've seen tariffs, we've seen barriers to selling product, and it needs to be fixed".

On Monday, the White House confirmed that Trump was considering removing security clearances from Brennan and other former officials.

Using government power to dig economic holes and then fill them up: isn't that what it means to Make America Great Again?

In addition to the direct impact of tariffs on American farm products, farmers have also been hurt by USA tariffs on foreign steel imports.


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