Federal payments to farmers have tripled since 2017, and Trump just promised even more (Reason Online)

Reason Online published an article on subsidies, trade wars, and negotiations.  In early 2018, President Donald Trump’s top trade adviser appeared on Fox Business Network to reassure Americans that other countries wouldn’t retaliate against new tariffs proposed by the White House. He was wrong. Retaliation from several countries, but especially from China, caused exports of American agricultural goods to plummet in the years that followed. Even if Trump is defeated and the trade war comes to an end, taxpayers may end up footing a larger bill for farm subsidies for years. Senior Research Fellow Joseph Glauber said, “It’s hard rolling back these things. The headlines are going to scream when [USDA] puts out a February 2021 farm income forecast that doesn’t show any ad hoc payments.” Republished in Freedom Bunker, Before It’s News.