Economists say Trump administration is overpaying farmers for trade losses
Story Date: 7/26/2019

 

Source: Dan Charles, WUNC, 7/25/19

If you're caught in a trade war, it's good to be a farmer. Lots of American companies have lost sales since the Trump administration and China embarked on the current cycle of tariff-raising and retaliation. Few, if any, have been compensated as handsomely as farmers. This week, Secretary of Agriculture Sonny Perdue unveiled details of the latest aid package for farmers who've lost export sales. It includes $14.5 billion in direct payments to farmers, another...

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