Trump’s Tariffs Hurt Farmers, So He Bailouts Farmers With Tariffs’ Money
KEY POINTS
- •On Monday, the Trump administration announced a farm bailout funded by tariff revenues that caused economic damage in the first place.
- •China is slowly resuming U.S. soybean purchases after earlier boycotts tied to trade policies, complicating farmers’ financial struggles.
- •Economic indicators show historically low consumer confidence and manufacturing orders dropping, even as tariffs intended to help manufacturing cause layoffs.
In a move that screams 'advanced irony,' the Trump administration announced a farm bailout funded by the very tariffs that torpedoed the farmers' pockets. At a Monday farmer roundtable, Trump proudly declared, 'This money would not be possible without the tariffs,' as if that’s a plot twist from a sad economic soap opera. China, the soy-buying ghost, is cautiously returning after its tariff-triggered embargo sent American soy growers to the financial brink, with the American Soybean Association warning of a 'precarious' situation due to soaring input costs. Meanwhile, the University of Michigan reports the lowest consumer confidence in 74 years, all while Trump's tariffs kick manufacturers to the curb — leading to layoffs and more offshore production than you can shake a tractor at. White House flack Kush Desai insists tariffs are 'leveling the playing field,' but apparently that field is the own-goal penalty box.
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Trump’s tariffs are like buying a firehose to put out a fire, then calling the fire department on yourself to bankroll the firefighters. Welcome to economic inception.
Trump’s trade strategy: smack farmers with tariffs, then pity-party them with tariff-funded payouts. It’s like Charlie Brown’s football routine but with soybeans.
If economic pain was currency, Trump just minted a billion-dollar bailout backed by the pain itself. Blockchain who?
Source: Axios | Published: 12/9/2025 | Author: Courtenay Brown
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