No, China is not paying for Trump's bailout for US farmers as Trump claims

[riversedge]

No, China is not paying for Trump's bailout for US farmers


https://www.cnn.com/2019/05/23/politics/tariffs-bailout-china/index.html


Updated 4:53 PM ET, Thu May 23, 2019



Maine lobster industry drowning in US-China trade war


WASHINGTON, DC - MAY 22 : President Donald J. Trump walks out to speak after abruptly ending a meeting with Democratic leaders on infrastructure, saying there wont be a deal unless they stop investigations, in the Rose Garden at the White House on Wednesday, May 22, 2019 in Washington, DC. I dont do coverups. You people know that probably better than anybody, Trump told reporters. (Photo by Jabin Botsford/The Washington Post via Getty Images)
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(CNN)Just as Mexico was supposed to pay for the wall, but isn't, now China is supposed to pay for President Donald Trump's plan to bail out US farmers.
Neither statement is true, of course, as has been pointed out repeatedly.
Trump does not talk about Mexico paying for the wall much anymore. He's too busy saying the wall is getting built, when it's actually just renovation of existing fence.
Fact-checking (yet again) Donald Trump on China tariffs
Fact-checking (yet again) Donald Trump on China tariffs
But he is just getting started on the claim that China is paying to prop up American farmers hurt by the trade war. Having already approved a $12 billion bailout in 2018, the President on Thursday announced another, larger, $16 billion bailout as talks with China have stalled.

It was Chinese retaliation against US farmers -- a countermeasure to the trade war Trump kicked off with US tariffs on Chinese goods -- that led to farmers needing bailouts in the first place. That hasn't stopped the President from crowing that China would foot the bill for damage to US farmers.




Back on May 14, he tweeted: "Our great Patriot Farmers will be one of the biggest beneficiaries of what is happening now. Hopefully China will do us the honor of continuing to buy our great farm product, the best, but if not your Country will be making up the difference based on a very high China buy... This money will come from the massive Tariffs being paid to the United States for allowing China, and others, to do business with us. The Farmers have been 'forgotten' for many years. Their time is now!"


Agriculture Secretary Sonny Perdue repeated that claim Thursday on Fox Business News, arguing that Trump would not let China outlast him in trade talks and, of farmer aid, "China's gonna pay for these."
Here's what we know about who really pays the farmers.



Where does the bailout money for farmers actually come from?..................................

Link to tweet

Link to tweet

Link to tweet

Link to tweet

[guillaumeb]

1. Trump is speaking to the FOX watchers.

And the red hat wearers.

[thegoose]

2. Anyone still buying the shit that squirts out of Orange Anus Mouth

Deserves to be duped. But don't take the rest of us along with you!

[abqtommy]

3. I've been to China and rate the country a pleasnt

place to visit. It's good that we can rely on China to be the Nancy Pelosi of nations in dealing with tRump!