Farm organization president says he hasn't received money from 2018 bailout as Trump announces new subsidies

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Farm organization president says he hasn't received money from 2018 bailout as Trump announces new subsidies
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'These farmers are going to end in bankruptcy, and committing suicide and losing their farms and they're still talking about supporting the president,' the president of the National Black Farmers Association said.

The president of the National Black Farmers Association said he still hadn't received money from President Donald Trump's first farm bailout in 2018 after the White House announced on Thursday it would provide farmers with another $16 billion to offset their losses from the ongoing trade war with China.

"White farmers are hurting more than we are, and I don't understand for the life of me why they aren't more vocal about the financial conditions that they're in," he said."These farmers are going to end in bankruptcy and committing suicide and losing their farms and they're still talking about supporting the president.

"While the aid package will help farmers pay their bills, this is not a long-term solution to the damages caused by lost markets. Farmers prefer to earn their income from the marketplace, which is why we must remain focused on resolving trade disputes and on forging new trade agreements with our global partners."

"This is becoming more and more like a Soviet type of economy here: commissars deciding who’s going to be granted waivers, commissars in the administration figuring out how they’re going to sprinkle around benefits," Senator Ron Johnson, a Wisconsin Republican, said.

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