President Trump Says U.S. Will Buy Farmers Products if China Doesn’t

President Donald Trump delivers remarks on Wednesday, March 15, 2017, at the American Center for Mobility in Ypsilanti, Michigan. (Official White House Photo by Shealah Craighead)

President Donald Trump delivers remarks on Wednesday, March 15, 2017, at the American Center for Mobility in Ypsilanti, Michigan. (Official White House Photo by Shealah Craighead)

For a while now the China and United States trade war has been going on and although it doesn’t look close to ending any time soon, President Trump has some ideas on how to keep the economy stable. Mainly focusing on the agricultural industry, Trump has said that the U.S. will begin buying agricultural products and send them to other countries for humanitarian aid.

Trade War no More

On Friday Trump began a series of tweets which explained how he was planning on buying products from farmers and donating the food to “poor & starving countries” for humanitarian aid. Trump remarked that there would be a potential purchase of $15 billion from the farmers.


Earlier this week soybean and grain prices plummetted after U.S. trade talks failed yet again with China. China then promised retaliation when the U.S. raised tariffs to $200 billion in goods.

Trump continued his tweets by saying that having the U.S. buy farmers products would help farmers “do better, faster.”

Not That Simple

Some, however, are skeptical of Trump’s idea, calling it a subtle way to raise taxes on Americans. Others believe that things wouldn’t work out as smoothly as how President Trump pictures it. “To buy humanitarian aid is not that simple,” Louise Gartner, owner of Spectrum Commodities in New Richmond, Ohio, said in a telephone interview. “I’m sure the market has seen those tweets, and they’re not thinking much of it.” [1]


Notes:

  1. ^“President Trump Says U.S. Will Buy American Farmers’ Crops to Offset China Trade Losses.” Time, 10 May. 2019, time.com/5587231/trump-us-crops-china-trade-war. (go back↩)

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