Jeffrey Gerhart, CEO of the Bank of Newman Grove in northeastern Nebraska, says the tariffs are affecting farmers' income and are bad policy from the White House.
WASHINGTON (AP) — The government announced a $12 billion plan Tuesday to assist farmers who have been hurt by President Donald Trump's trade disputes with China and other trading partners.
The plan focuses on Midwest soybean producers and others targeted by retaliatory measures...
Congressional Republicans and business groups are bracing for the impact of the tariffs and the departure of Cohn, a former Goldman Sachs executive who has opposed them.
If nations retaliate by imposing tariffs, producers of American-made goods will suffer because they won't be able to sell their products overseas as easily.