No. of Recommendations: 1
“I’m a huge fan of Ronald Reagan but he was bad on trade. very bad on trade. he allowed a lot of people — a lot of business to be taken. so I say that with due respect because I — he was so great on other things, but he was bad on trade. we are setting records right now. records like nobody has ever seen before. when you have companies like this coming in and almost forty percent of their company in one signature is going to be devoted to what he does which is one of the most important businesses in the world. that’s an unbelievable thing.”
reporter: “tariffs are paid eventually by American importers and consumers.”
Donny: “no, I think they are paid for by the country.”
reporter: “tariffs don’t hurt other countries — they’re paid by American businesses and consumers.”
Trump: “no, no. China pays. other countries pay. it’s a beautiful thing.”
reporter: “then why did farmers need billions in bailout money when tariffs crushed exports?”
Donny: “we took care of farmers! they love me. the best farmers.”
--The Trump administration gave more taxpayer dollars to farmers harmed by the administration’s trade policies than the federal government spends each year building ships for the Navy or maintaining America’s nuclear arsenal, according to a new report. A National Foundation for American Policy analysis concluded the spending on farmers was also higher than the annual budgets of several government agencies. “The amount of money raises questions about the strategy of imposing tariffs and permitting the use of taxpayer money to shield policymakers from the consequences of their actions,” according to the analysis.--
Trump: “To the Great Farmers of the United States: Get ready to start making a lot of agricultural product to be sold INSIDE of the United States. Tariffs will go on external product on April 2nd. Have fun!”
If he likes you, he may bail you out. Good luck, farmers.
