Trump tweeted earlier Tuesday that trade partners must either negotiate a fair deal or pay tariffs.
President Trump met with European Commission President Jean-Claude Juncker at the White House Wednesday, as tensions remain high over tariffs. As the dispute escalates, China and other importers have slapped tariffs on incoming shipments of USA soybeans, dairy, meat, produce and liquor.
"Every time I see a weak politician asking to stop Trade talks or the use of Tariffs to counter unfair Tariffs, I wonder, what can they be thinking?"
Senators say the aid package could help short-term, but they're anxious about losing long-term access to export markets. This announcement is substantial, but we can not overstate the dire consequences that farmers and ranchers are facing in relation to lost export markets.
Sen. Bob Corker of Tennessee says, "Instead of offering welfare to farmers" to solve a problem the administration created, it "should reverse course and end this incoherent policy".
The direct assistance, announced Tuesday by the Department of Agriculture, comes amid tariffs imposed by the Trump administration and retaliatory measures of other countries that are expected to cost USA food producers billions of dollars.
"Farmers will be the biggest beneficiaries", Trump told the crowd gathered inside Kansas City's Municipal Auditorium. That's according to two people who have been briefed on the plan who spoke on condition of anonymity ahead of a formal announcement. In 2017, the federal government spent almost $19 billion on agriculture support programs, and that total had been expected to rise to almost $27 billion in 2018, Office of Management and Budget data showed before Tuesday's announcement.
Stage 17: An epic setting to shake the Tour de France up
The incident resulted in a fifteen minute pause, but riders soon continued the remaining 192km of the stage. The farmers' protest occurred 30 kilometres into the 218km leg from Carcassonne to Bagneres-de-Luchon.
The U.S. Agriculture Department's action highlights the ongoing toll of Trump's trade actions, particularly now that China and others have retaliated against the president's tariffs on imported metals and other goods by imposing levies aimed largely at America's agricultural community.
Nebraska Republican Sen. Ben Sasse, a frequent Trump critic, said the president's "trade war" is "cutting the legs out from under farmers and the White House's 'plan" is to spend $12 billion on gold crutches'.
The Republican leader told reporters Tuesday, "I've made it pretty clear I don't think tariffs are the right answer".
The size of the direct payments to farmers as a result of trade shortfalls would be unprecedented, said Scott Irwin, an agricultural economist at the University of IL.
Highlighting the complexity of Wednesday's talks, hours before Trump called for the elimination of all tariffs, he had tweeted that "tariffs are the greatest".
Trump's move on Tuesday highlighted what's become the largest and most painful divide between his presidency and the congressional GOP: his protectionist trade policies.
President Donald Trump is declaring that "Tariffs are the greatest!" and threatening to impose additional penalties on US trading partners as he prepares for negotiations with European officials at the White House. The goal of Trump's trade moves is supposed to be saving jobs and bringing business back to the United States, but these leaders predict the opposite will happen: American jobs will be lost, and businesses will relocate overseas, moves that will hinder USA manufacturing growth for years, if not decades.