US farmers say Trump’s $12bn package not enough to undo damage from tariffs

Submitted ⁨⁨1⁩ ⁨day⁩ ago⁩ by ⁨MicroWave@lemmy.world⁩ to ⁨economics@lemmy.world⁩

https://www.theguardian.com/business/2025/dec/22/trump-aid-package-us-farmers

Thousands of farms set to go bankrupt as grain farmers in particular hit by trade disruptions caused by price hikes

Donald Trump, having promised to “NEVER LET OUR FARMERS DOWN”, appeared to come through for them this month when he unveiled a $12bn aid package. Industry leaders say thousands of farms will still go bust this year.

While the US president has vowed to increase domestic farm production, and even claimed this formed a “big part” of his plan to lower grocery prices for Americans, many US farmers are grappling with mounting financial issues – compounded by Trump’s agenda.

Grain farmers, in particular, have been hit by trade disruptions caused by tariff hikes, and $11bn of the US Department of Agriculture’s Farmer Bridge Assistance Program will go to row-crop farmers. Trump’s trade war with China has hit soya bean farmers the hardest, as China bought 54% of US soya bean exports last year, according to the American Soybean Association.

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teft@piefed.social ⁨1⁩ ⁨day⁩ ago
Do you need a math degree to figure out that $40 billion in trade losses is not offset by $11 billion in subsidies?

The problem is these inbred hicks will still fucking vote R when it comes to the next election. It’s a team sport to them and they can’t seem to understand their own team is hurting them the most.

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- SanctimoniousApe@lemmings.world ⁨1⁩ ⁨day⁩ ago
  I agree, but using language like “inbred hicks” is counterproductive if you want their side to start seeing ours as the voice of reason. I’m no less angry, disgusted, frustrated, etc., but try not to reinforce their brainwashing regarding our side.
  
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  - SoftestSapphic@lemmy.world ⁨1⁩ ⁨day⁩ ago
    “We have to coddle the dumbest people in society until they choose to make the correct choice that they are responsible for making, but if we coddle them then they feel validated and never like the idiot they are, so they will never change”
    
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- Bluegrass_Addict@lemmy.ca ⁨1⁩ ⁨day⁩ ago
  I wonder how much of that 12billion will be used to buy their land instead of the products that were left to rot
  
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SoftestSapphic@lemmy.world ⁨1⁩ ⁨day⁩ ago
“We willingly destroyed our own livelihoods because we thought we would get a bigger payout”

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skozzii@lemmy.ca ⁨1⁩ ⁨day⁩ ago
As someone who lives in a rural community and knows alot of rural people it’s amazing how they will ignore any and all policy and just vote for the Conservative. It used to be ok because both sides had reasonable politicians mostly, but now its at a point where one is clearly destroying the country and an obvious pedo ring leader. I am just not sure if they are able to vote for the other side, or if they will simply abstain from voting.

Politics needs to not be a two party team sport, we should have ever gotten here, and I am disapointed reasonable people made the wrong choices.

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guyoverthere123@lemmy.dbzer0.com ⁨1⁩ ⁨day⁩ ago
Well, it’s a shame all the farmers voted for Donny then, ain’t it? /s

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BigMacHole@sopuli.xyz ⁨1⁩ ⁨day⁩ ago
FALSE! Farmers would NEVER take Socialist Handouts like THIS! And if they DID they would want to MEANS TEST it so ONLY Farmers who Need it GET it! OTHERWISE that would make them HUGE ASSHOLES for Wanting that for POOR MOTHERS but NOT themselves!

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