Sen. Sasse: U.S. needs more trade, not 'bellicose threatening'


The U.S. readied a plan today to send billions in emergency aid to farmers who have been hurt by President Donald Trump's trade disputes with China and other American trading partners.

There are no specific details on how the government plans to sort out the money by state.

This afternoon, Trump tweeted in favor of tariffs. In a tweet on Tuesday night, Trump said both the United States and the European Union should drop all tariffs, barriers and subsidies.

"The administration must develop a support mechanism that will mitigate the significant damage that is being inflicted upon our most vital global markets for years to come", he said in a statement.

"This is a short-term solution that will give President Trump time to work on the long-term trade policy and deal that will benefit agriculture as well as all sectors of the American economy". John Kennedy, R-La. "You've got to treat everybody the same".

Senator Ben Sasse, a Nebraska Republican, said in a statement: "This trade war is cutting the legs out from under farmers and White House's "plan" is to spend $12 billion on gold crutches". "This administration's tariffs and bailouts aren't going to make America great again, they're just going to make it 1929 again". Officials explained that Labor Day remains the effective date for when the programs will begin operating. U.S. farmers have been hit by retaliatory tariffs on goods like soybeans, pork, and beef.

The food purchased from farmers would include some types of fruits, nuts, rice, legumes, dairy products, beef and pork, officials said.

In a speech to in Kansas City, Missouri on Tuesday, the president aggressively defended his trade policies.

"We're making tremendous progress".

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Democratic Representative Jackie Speier of California, a major agricultural state, on Twitter accused Trump of trying to "placate the farmers that voted for you" with a $12 billion payment. "We're opening up markets".

"We have to think of ourselves", Trump said in Kansas City. "Farmers need contracts, not compensation, so they can create stability and plan for the future", said the group's executive director, Brian Kuehl.

Hours after news outlets reported the administration's pending program, Heitkamp announced she had introduced legislation to extend eligibility for direct financial assistance to farmers hit by retaliatory tariffs imposed on their exports. Soybean prices have plunged 18 percent in the past two months.

He added: "I appreciate the fact that they realize the farmers are being hurt by this, but this is not the right remedy".

Trump's trade policies have become central in several rural-state U.S. Senate races ahead of congressional elections in November, as Democrats there try to keep hold of several seats that Republicans have targeted. "Hope they do it, we are ready - but they won't!" the USA president added.

Tariffs are taxes on imports. "And to be blunt, it seems pretty political and seems like they want to shore up some midterm support". In recognition of this, the Trump administration is refocusing USA policy to counter a rising China.

A second proposal would be for a TTIP-lite deal, reducing the Transatlantic Trade and Investment Partnership, acomprehensive trade agreement between the United States and the European Union pursued by Barack Obama and dumped by Trump, to a limited one focused only on industrial tariffs. China has retaliated with duties on soybeans and pork, affecting Midwest farmers in a region of the country that supported the president in his 2016 campaign. "The big part of tobacco is the exports". "The answer is remove the tariffs".

White House economic adviser Larry Kudlow has said he expected Mr Juncker to come with a "significant" trade offer. "They are all aiming for anybody who likes me".

"America's farmers don't want to be paid to lose - they want to win by feeding the world", he said. The US Agriculture Department said that it expects losses at around $11 billion as a result of the trade disputes. He also serves as President for the Iowa Corn Growers Association. "I'm very exasperated. This is serious". "The underlying problem is still there".