Wyden Statement on Bailout For Famers Crushed by Trump Tariffs

Wyden Statement on Bailout For Famers Crushed by Trump Tariffs

Washington, D.C. - Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement in response to Donald Trump's proposed $12 billion bailout for farmers who have been crushed by his arbitrary tariffs and trade wars:

"Instead of proposing government handouts, Donald Trump should end his destructive tariff spree so American farmers can compete and win on a level playing field. Republicans should act immediately to end the trade war, cut taxes on Americans and save taxpayers money.

"Donald Trump's trade war is taxing families, killing markets for our farm goods and driving farmers into bankruptcy. Trump's plan to bail out farmers won't even get agriculture communities back to even. They're still paying more for fertilizer, equipment and seeds, while grown-in-the-USA farm goods are facing more obstacles than ever in foreign markets. Don't forget that all of this trade destruction and taxing was to raise money for Trump's massive handouts to billionaires and the ultra-wealthy."

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