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Articles to Read

US imposes Tariffs; China Retaliates
Brookings

Trump’s Proposed Auto Tariffs
Peterson Institute

Trumps Tariff Threats Suddenly Look Very Real
Washington Post

What Comes After the Trade War
by Robert Samuelson

We’re Going to Loose this Trade War
by Robert Samuelson

Trump Curbs Chinese Investment
WJS

Tariff War Threats
WJS

King Dollar at Work—US Financial Muscle
WJS

Milking Taxpayers
Economists

According to the Government Accountability Office, between 2007 and 2011 Uncle Sam paid some $3m in subsidies to 2,300 farms where no crop of any sort was grown. Between 2008 and 2012, $10.6m was paid to farmers who had been dead for over a year.
American farm subsidies are egregiously expensive, harvesting $20 billion a year from taxpayers’ pockets. Most of the money goes to big, rich farmers producing staple commodities such as corn and soy beans in states such as Iowa
Since 1995, 75 percent of federal subsidies have gone to 10 percent of farms, the same consolidated group of commodity crop growers who will continue to eat up a disproportionate share of the subsidy pie under the new system, too

Agricultural Subsidies
by Chris Edwards

The U.S. Department of Agriculture (USDA) runs more than 60 direct and indirect aid programs for farmers.Most of the direct aid goes to producers of a handful of field crops, not to livestock producers or fruit and vegetable growers. In the three largest farm subsidy programs — insurance, ARC, and PLC — more than 70 percent of the handouts go to farmers of just three crops — corn, soybeans, and wheat.