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To improve trade competitiveness, the Trump administration revealed a plan to help US farmers in the form of state aid., [8] with a planned bailout program of $12 billion state aid to US farmers suffering from the US-China trade war. In 2018 Trump administration introduced $16 billion (~$19.1 billion in 2023) of new trade aid.
They noted that California’s farmers previously experienced financial losses during Trump’s first administration, when the adoption of U.S. tariffs in 2018 prompted China to retaliate with ...
“Despite all his lies and pandering, Donald Trump used the White House to give handouts to wealthy corporations and foreign companies at the expense of family farmers, drive farm bankruptcies to record levels, and sacrifice small American farmers as pawns in his failed trade war with China," Harris campaign spokesman Joseph Costello said in a ...
Trump's fourth corporate bankruptcy occurred in 2009, when Trump and his daughter Ivanka resigned from the board of Trump Entertainment Resorts; four days later the company, which owed investors $1.74 billion against its $2.06 billion of assets, filed for Chapter 11 bankruptcy. At that time, Trump Entertainment Resorts had three properties in ...
The Trump Plaza, the Trump Castle, and the Plaza Hotel, all owned by President Trump at the time, filed for Chapter 11 bankruptcy in 1992. THCR, which was founded by President Trump in 1995, filed ...
U.S. farm industry groups want President-elect Donald Trump to spare their sector from his promise of mass deportations, which could upend a food supply chain heavily dependent on immigrants in ...
Chapter 12 of Title 11 of the United States Code, or simply chapter 12, is a chapter of the Bankruptcy Code.It is similar to Chapter 13 in structure, but it offers additional benefits to farmers and fishermen in certain circumstances, beyond those available to ordinary wage earners.
A new Trump plan would dole out $12 billion worth of taxpayer money to contain the damage from his trade wars.