Trump claimed tariffs will pay for farmers' bailouts. He's wrong.

[turbinetree]

By Dan Desai Martin -February 21, 2020 3:46 PM

The bailout has so far cost U.S. taxpayers at least $28 billion.

Donald Trump on Friday continued to peddle a false narrative that tariffs levied against Chinese goods would pay for the billions of dollars in bailout money his administration has pledged to farmers hurt by his trade policies.

"IF OUR FORMALLY TARGETED FARMERS NEED ADDITIONAL AID UNTIL SUCH TIME AS THE TRADE DEALS WITH CHINA, MEXICO, CANADA AND OTHERS FULLY KICK IN," Trump tweeted, "THAT AID WILL BE PROVIDED BY THE FEDERAL GOVERNMENT, PAID FOR OUT OF THE MASSIVE TARIFF MONEY COMING INTO THE USA!"

This is a lie.

In August, Politifact looked into the same claim — that tariffs levied against Chinese imports would pay for the farmer bailouts — and determined it was false.

https://americanindependent.com/donald-trump-tariffs-farmers-bailout-money-china-trade-war-economy/

-snip-

Every time the con talks I keep thinking of this beside him being a traitor...............to everyone..............

To all of the farmers are you ready to vote in November 3, 2020 he is not your friend, he never was...................or will join us in the streets ......................you are the basic backbone to this countries survival............................

[LakeArenal]

1. Of course he's wrong.

Only big corporate farms swallowing the small farmers are getting any benefit from trump. But sadly, I’m afraid they are still all in his bullshit.

[Ms. Toad]

5. Not the point.

China doesn't pay the tariffs; the money is not "coming in to the USA." It is being shifted within the US from one taxpayer to another.

[LastDemocratInSC]

2. We pay the tariffs, so that means we're bailing out the farmers?

[Ms. Toad]

6. Yup. The tariffs do not bring money "into the US" n/t

[smirkymonkey]

3. K&R

[keithbvadu2]

4. My girlfriend is a Fox News junkie. She told me China is paying the tariffs.

My girlfriend is a Fox News junkie. She told me China is paying the tariffs.

I asked her how.

No answer.