Trump Admin Pledges to Give $12 Billion in Additional Aid to Farmers

Trump Admin Pledges to Give $12 Billion in Additional Aid to Farmers

President Donald Trump has repeatedly promised to protect American farmers, but the recent "trade war" has made the farming industry nervous.

Tuesday, the Trump Administration announced that it is rolling out an additional $12 billion in aid for farmers to help keep them afloat during the trade negotiations. 

"The U.S. Department of Agriculture announced Tuesday that it will utilize a Great Depression-era law to send payments to producers of dairy, hogs and certain crops. It will also purchase surpluses of commodities including fruits, nuts, rice, beef, pork and milk and distribute them to food banks and other nutrition programs. And the agency will work with the private sector to develop new export markets for farmers," writes "CNN." 

Several farm groups have applauded the decision, saying it's a step in the right direction. But they also warned that as the trade war progresses, the more of a negative impact it could have on the farming industry. 

China is the largest market for farmers in the U.S. and Canada and Mexico are also big importers from American farms. 

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Facebook's Political Rule Uses Keywords to Block Ads for Bush's Beans

Facebook's Political Rule Uses Keywords to Block Ads for Bush's Beans

Facebook has come under fire lately for many reasons: privacy issues, political responsibility, and the dissemination of “fake news.”

In an effort to offset some of these issues, the social media platform launched a new initiative to increase transparency around who is paying to promote political ideas, according to Bloomberg. Under the new rule, advertisers are required to verify their identities through a time-consuming process or risk their ad being tagged and blocked for pushing a political narrative without attribution.

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Mexico Imposes Retaliatory Tariffs on $3 Billion Worth of U.S. Goods

Mexico Imposes Retaliatory Tariffs on $3 Billion Worth of U.S. Goods

Mexico retaliated against the Trump Administration last week by imposing tariffs on about $3 billion worth of American pork, steel, cheese, and other goods, according to the New York Times. This is in response to levies imposed by the Trump administration on steel and aluminum.

This tax war brings to light the increasingly strained relationship between the two countries as they work to rewrite the North American Free Trade Agreement (NAFTA.)

Farmers, who are among those most vulnerable to the Mexican tariffs, said the tariffs would devastate American agriculture.

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