The Trump administration is expected to announce a plan as soon as Tuesday to bail out U.S. farmers stung by trade disputes and big harvests, with the initial outlay potentially totaling up to $15 billion, according to sources familiar with the matter.
Trump bailout for trade-hit US farmers expected this week reut.rs/4mThBae
-- Reuters (@reuters.com) Oct 6, 2025 at 6:01 PM
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"Later the Reagan administration spent $100 million annually"
So...today's equivalent of $350 million, adjusted for inflation.
www.bls.gov
Trump's Bailout is $15 billion. 4,000% higher.
Thanks for proving my #1 point. Any comment on point #2?
Classic American farm brand John Deere is seeing prices rise and profits drop -- and Trump's tariffs are making things worse
www.independent.co.uk
... The company, which is the leading supplier of farm equipment in the United States, is in a worse financial position now than it was a year ago. In its Q3 earnings report, John Deere said its net income was down 26 percent compared to the same time last year. It also saw a 9 percent decline in sales.
That, in part, is due to President Donald Trump's tariffs.
Tariffs on steel and aluminum have made it more expensive to manufacture equipment, even though John Deere assembles 80 percent of its equipment in the U.S., and only 25 percent of its components are imported, the company reported.
"Tariff costs in the quarter were approximately $200 million, which brings us to roughly $300 million in tariff expense year to date," Josh Beal, the director of investor relations, told the Wall Street Journal in August. ...
Can Deere tractors plow under Trump tariffs (November 2024)
www.fierceelectronics.com
... John Deere, the world's biggest farm machinery manufacturer, prides itself on using AI for autonomous tractors and precise See & Spray crop spraying technology. Its yellow and green tractors and lawn mowers are also iconic symbols of America's heartland, helping place Deere in the political crosshairs of future tariff policies under President-elect Donald Trump.
Deere's innovative self-driving tech and other improvements rely heavily on sensors and GPUs. Various upgrades have meant the newest giant farm machines are priced at half a million dollars or more apiece, often putting them out of reach of average farmers. An autonomous Deere 8R tractor recently sold for $500,000, with autonomous electronics adding another $50,000. In the past two years, Deere has reacted by creating a new pricing scheme, a pay-per-use licensing model for monthly billing of AI-based applications like See & Spray, said to cost a fraction of the traditional upfront investment.
Against the backdrop of needing to hold down costs to farmers, Trump has repeatedly promised tariffs on many types of imports, especially from China. In September, Trump singled out Deere for reportedly wanting to move some production to Mexico, proposing steep tariffs that could make the newest farm tech even more expensive.
"I'm just notifying John Deere right now, if you do that, we're putting a 200% tariff on everything that you want to sell into the United States," Trump said Sept. 23. It isn't clear whether the remark has had any effect on Deere & Company's Mexico plans. The company laid off 503 workers in Illinois and 310 in Iowa earlier in 2024, amid reported steps to acquire land in Mexico to shift production previously done in the US. ...
Some old Pink Floyd, back before DSotM hit the airwaves, and the group seemed to be mainly movie soundtrack musicians ...
Pink Floyd - Wot's ... Uh The Deal (1972)
www.youtube.com
The Obscured By Clouds soundtrack album.
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