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Brazil Subsidiary Hoovers Up $62 Million In Trump Trade War Aid Intended For Farmers


Added 05-18-19 04:54:02am EST - “"Why is the USDA bailing out plants operated by the biggest meatpacker in the world?" asks an activist.” - Huffpost.com

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Posted By TheNewsCommenter: From Huffpost.com: “Brazil Subsidiary Hoovers Up $62 Million In Trump Trade War Aid Intended For Farmers”. Below is an excerpt from the article.

A Brazilian U.S. subsidiary is being paid over $60 million in aid aimed at helping American farmers weather President Donald Trump’s trade war, according to media reports.

The U.S. Department of Agriculture is paying $40.1 million to buy pork from JBS USA — a subsidiary of Brazil-based JBS SA — using American taxpayer bailout funds intended to help U.S. farmers. That’s in addition to previously awarded pork contracts for $22.3 million, The Greeley Tribune reported Thursday.

“Why is the USDA bailing out plants operated by JBS, the largest meatpacker in the world, with a program designed to help domestic companies and producers under economic duress?” Food & Water Watch lobbyist Tony Corbo asked The New York Daily News, which first reported the payments.

The money led Rep. Rosa DeLauro (D-Conn.) to introduce a House bill last week “to require that purchases of agricultural commodities made by the Secretary of Agriculture ... be from domestically owned enterprises.” 

“It is clear the president is not the least bit knowledgeable about trade policy, nor aware of the chaos his failed approach has caused‚” DeLauro told the News.

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