“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?” said Tony Corbo, a lobbyist at Food & Water Watch, noting that the meat giant reported a net income of $273 million for the first quarter of 2019.
Moreover, JBS appears to have benefited from the trade tensions between Beijing and Washington that the bailouts are supposed to mitigate.
The company’s exports to China ballooned to more than 24% in 2018, compared to less than 21% the previous year, according to public records, raising questions about the need for the Trump subsidy.
https://www.nydailynews.com/news/pol...54y-story.html
Why is Trump bailing out a Brazilian company with his tariff subsidies that were supposed to go to American farmers he is hurting with his trade war?
I suspect this will be a topic of mine that Robbie ignores...