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by jonhendry18
2577 days ago
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That's all true. But the tariffs China places on US agricultural products aren't a tax on US consumers, and don't produce revenue for the US. So American farmers are losing export sales due to Chinese tariffs, the sting of which Trump is trying to reduce by paying the farmers. Those payments probably aren't funded by tariff revenue collected by the US. So they'll probably be paid for through borrowing. Which may mean borrowing from China. |
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