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Headline Roundup July 24th, 2018

Trump Administration to Give Billions in Aid to U.S. Farmers Hurt by Trade War

Summary from the AllSides News Team

The Trump administration will reportedly offer billions of dollars in aid to U.S. farmers who have been hurt by the recent trade tensions with China, the European Union, and others. Critics have slammed President Trump's tariffs as the root of the issue, while supporters say that they will help eradicate unfair trade practices in the long-term.

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Trump: “Tariffs are the greatest.” Also farmers need $12 billion in aid because of tariffs.
Trump: “Tariffs are the greatest.” Also farmers need $12 billion in aid because of tariffs.

Vox

News

The administration plans an aid package to shore up the agriculture industry.

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Trump to offer U.S. farmers billions to ease trade pain
News

The Trump administration was set to announce billions of dollars in aid for U.S. farmers on Tuesday to help protect them from the repercussions of trade spats between the United States and China, the European Union and others, a source familiar with the plan told Reuters.

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Why Trump’s tariffs could actually help farmers
News

Tariffs levied by President Trump against traditional American economic partners like China and the European Union may hurt farmers in the short-term, but according to the CEO of the Summit Agricultural Group, the tariffs could ultimately help the agricultural sector.

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