Farmers across the U.S. are bracing for financial ruin from president Donald Trump's tariffs unless taxpayers bail them out. Extreme weather has already wiped out millions of dollars in crops in recent weeks, and Trump's trade war threatens to cut off markets with China and Mexico for their crops and increase costs for supplies like fertilizer and equipment from those same trade partners, reported The Guardian. Another bailout seems inevitable but there are serious questions about how quickly it could be implemented with such a dysfunctional Congress, local USDA offices shuttered and fewer staff," said Ben Lilliston, director of rural strategies and climate change at the Institute for Agriculture and Trade Policy (IAPT). "It's a very messy situation and farmers are already experiencing harm." "The U.S. reputation has taken a huge hit. We can no longer be considered a reliable trading partner which is terrible for farmers," added Lilliston.
"I would have thought that after a second child died, we would have all been activated to do this. But it seems like because it's being normalized as -- well, children die of measles -- this is something I truly worry about, and it actually keeps me up nights some because there is no reason in the United States for us to have a single child die of measles." -- ousted FDA vaccine chief Dr. Peter Marks
The White House says it has the upper hand in its trade war with China. Its actions suggest otherwise. Top administration officials spent the weekend trying to defend a carve-out of consumer electronics from the astronomical 145 percent tariffs it levied on China last week. The carve-out was neither an exemption nor a policy rollback, the White House argued, because those electronics are still subject to a separate 20 percent tariff on China and some electronic components could face sector-specific tariffs in the future. But to some White House allies, the exceptions are indicative of the relatively weak position the administration is in as it wages a trade war with China, which has spent years making preparations for an escalation with the U.S. on trade.
As President Donald Trump's back-and-forth on trade policies creates chaos in the financial markets, some fund managers are questioning the rationality of his decisions. read more
The total cost of the US military's operation against the Iran-backed Houthi militants in Yemen is nearing $1 billion in just under three weeks, even as the attacks have had limited impact on destroying the terror group's capabilities, three people briefed on the campaign's progress told CNN. The military offensive, which was launched on March 15, has already used hundreds of millions of dollars worth of munitions for strikes against the group, including JASSM long-range cruise missiles, JSOWs, which are GPS-guided glide bombs, and Tomahawk missiles, the sources said. B-2 bombers out of Diego Garcia are also being used against the Houthis, and an additional aircraft carrier as well as several fighter squadrons and air defense systems will soon be moved into the Central Command region, defense officials said this week.
Putin's demented orange bitch sabotages planned G7 condemnation of Russian missile strike on Ukraine
Has dotard called the arsonist a hostage yet?