Trump farm bailout money will go to Brazilian-owned meatpacking firm, USDA says
U.S. taxpayers will buy about $5 million in pork products from a Brazilian-owned meatpacking firm under President Trumps bailout program, which was designed to help American farmers hurt by the administrations trade war, according to documents released Wednesday.
JBS, one of the biggest meatpacking companies in the world, will sell 1.8 million pounds of pork products through a Trump bailout program that buys surplus commodities from farmers and ranchers, say records published by the Agricultural Marketing Service, a branch of the Agriculture Department.
The administration has pitched its $12 billion bailout program as necessary to help farmers weather the long-running trade war with China, but critics have questioned whether funding will also enrich large and foreign-owned firms.
The bulk of the program consists of direct cash payments to farmers hurt by the downturn, although those payments have stalled amid the partial government shutdown. Agriculture Department officials announced Tuesday they are extending the deadline for applying for aid under this program by several weeks at a minimum.
https://www.msn.com/en-us/news/us/trump-farm-bailout-money-will-go-to-brazilian-owned-meatpacking-firm-usda-says/ar-BBS287S?li=BBnb4R7
I'll give you a great deal on some pork. It fell off the back of a truck.