Trump decide to guide USDA contemplating funds to | Commodities
By Leah Douglas
(Reuters) – President Donald Trump’s decide to guide the U.S. Division of Agriculture on Thursday stated she would take into account direct funds to farmers to offset losses from proposed tariffs, modeled after the method taken in Trump’s first time period.
If confirmed, Brooke Rollins (NYSE:) would lead the $200 billion company and its almost 100,000 workers whose broad remit consists of nutrition and commodity applications, farm loans, forestry, and trade.
Trump’s tariffs on Chinese language imports in his first time period resulted in retaliatory tariffs on soybeans. The administration then paid billions to farmers to offset losses.
Trump has threatened to impose tariffs on China in addition to Mexico and Canada.
Rollins stated at her Thursday nomination listening to earlier than the Senate Agriculture Committee that she has spoken with Sonny Perdue, Trump’s farm secretary in his first time period, about how the company managed the trade warfare.
“We are prepared to execute something similar, if approved, if confirmed,” she stated, later including, “we can’t reinvent the wheel.”
Some senators on the committee challenged the method.
“What we’ve heard from our farmers and ranchers over and over again is they want to be able to do the work. They want to be able to export. They don’t want to solve this problem by getting aid,” stated Michael Bennet, a Democratic senator from Colorado.
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