Sec. Perdue Won’t Leak Possible Tariff Relief Plan

June 27, 2018 10:46 AM
 
 

Secretary of Agriculture Sonny Perdue wrote an op-ed piece for USA Today Monday focusing on trade tensions and telling farmers he’s working on tools to help ease the burden.

“The president has instructed me to craft a strategy to support our farmers in the face of retaliatory tariffs,” he wrote.

He said U.S. Department of Agriculture (USDA) has tools at its disposal to support farmers faced with tariff and downturns in the commodities markets.

“To this point, we have not unveiled our strategy, as it is not practice to open our playbook while the opposing team is watching,” said Perdue.

Farm Journal Washington correspondent Jim Wiesemeyer said President Trump’s aides are looking at ways to use the Commodity Credit Corporation (CCC) Charter Act, a division of USDA created in 1933 to offer financial backstop for farmers. At the United Fresh Convention in Chicago, Perdue admitted he is looking at the CCC, but doesn’t want to implement it unless necessary.

“We [USDA] actually met [Monday] looking at the balance sheet there are what our expectations are going forwarding regarding our capacity to do that,” said Perdue. “So, while CCC is part of the tool in there, it’s not everything. That’s why we are not laying out the whole playbook for the defense to look at.”

AgDay national reporter Betsy Jibben talks to Perdue at the United Fresh Convention on AgDay above.

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Comments

 
Spell Check

Gerard
Sioux Falls, SD
6/27/2018 02:14 PM
 

  It seems to me Trump and Perdue have no plan. And if they do it will not be enough to make up for all the losses. This hurts farmers and Trump really doesn't care. He and his family will benefit at least $11,000,000 with his tax plan. And the horse has already left the barn with his tariff policy, too little too late.

 
 
David Adcock
Atwood, IL
6/27/2018 05:52 PM
 

  Tell me how you win a trade war with a country that holds a huge amount of our national debt. Here is how it works in Trump's mind. You start a trade war and drive down the price of soybeans $2.50 a bushel and China can now buy soybeans a bargain prices on the world market. China makes deals with South America which can expand to produce everything China needs plus more and we loose this vital market forever when China helps South America build more Ports facilities. A vital Market Farmers worked for years to get and destroyed in the blink of an eye. Now that he has ruined the grain markets forever Trumps pays farmers huge sums of money and he borrows all that money from China to help us for a year or two and then we are left to fend for our self again. Remember the Russia Grain Embargo. Russia never bought another bushel from us after that ignorant move. Willy Nelson get ready for you will be singing for the Farmers again for another fifteen years just like the last time. Look at all the massive deficits we are accumulating now since Since Trump has become president. We went from 400 billion a year to 1.2 trillion per in deficit accumulation. Trump said many times he would eliminate our national debt in his first term. Who knew he meant by defaulting. Where are my good Republicans of the past who believed in paying as you go? Where are the Ronald Reagan's and the Bob Dole's of the past?

 
 
william mensing
Mt horeb, WI
6/28/2018 07:05 AM
 

  Agree with Gerard of Sioux Falls ....there is no plan.

 
 

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