综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Global EditionASIA 中文雙語(yǔ)Fran?ais
World
Home / World / Americas

Southern California newspapers call Trump's trade policies 'disaster'

Xinhua | Updated: 2025-12-29 16:11
Share
Share - WeChat
FILE PHOTO: Cows feed on a cracked corn blend at a farm in Washington, Iowa, US, August 23, 2025. [Photo/Agencies]

LOS ANGELES -- The Southern California News Group (SCNG) on Sunday published an editorial titled "$12 billion payout to farmers is a tariff-based disaster," saying a bailout announced earlier this month underscored the failure of the Trump administration's trade policies.

The editorial, written by the SCNG Editorial Board, opened with a pointed question: "If President Donald Trump's tariffs and trade wars are so great for the American economy, then why does he have to shell out, as he did this month, $12 billion to farmers adversely affected by tariffs and trade wars?"

"The simple answer is of course that tariffs and the trade wars they lead to are never great for our economy, or for that of any other country. They are additional taxes - as if we needed additional taxes - on the American consumer, and no one else," it said.

The opinion piece branded Trump's calculations on tariffs as fundamentally flawed and his understanding of foreign trade as outdated, saying that tariffs no longer play a significant role in raising federal revenue in the era of globalization.

It quoted Jay Shambaugh of the Brookings Institution as warning that Trump's trade war would be disastrous for the US economy, as it would hurt consumers, damage the country's most productive firms, slow economic growth and undermine US relationships around the world.

The editorial depicted the $12 billion payout to farmers as an unfair measure aimed at papering over problems created by the administration itself.

It questioned the administration's attempt to address an issue rooted in its own trade policies, pointing out that much of the money would go to growers of so-called "row crops" such as soybeans, many of which had been sold smoothly to trading partners before Trump launched his trade war.

"It's not going to help everyone in the already struggling American agricultural sector adversely affected by tariffs. Tractor maker John Deere says that tariffs will cost it $600 million in 2025," the editorial added.

The Southern California News Group is an umbrella organization of local daily newspapers published in the greater Los Angeles area, with 11 daily publications covering five counties in the region.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
鲁山县| 南涧| 黄山市| 临海市| 绥芬河市| 隆德县| 安仁县| 桐城市| 平和县| 辽中县| 永宁县| 沙坪坝区| 南郑县| 石家庄市| 彝良县| 察隅县| 牡丹江市| 洪江市| 梅州市| 沁阳市| 沁源县| 庄浪县| 保山市| 石河子市| 丰都县| 桦甸市| 洛扎县| 山东| 商水县| 石渠县| 台江县| 丰县| 宝丰县| 武邑县| 道孚县| 枣庄市| 贺州市| 沁阳市| 高陵县| 富平县| 西乌珠穆沁旗|