Fox News Star Hits Trump With Cold Truth About Bailout: ‘There’s No Getting Around That’ | EUROtoday
Fox News chief political analyst Brit Hume on Monday stated President Donald Trump would possibly say he’s serving to embattled American farmers together with his proposed $12 billion assist bundle, however prompt they’re solely in dire want due to his personal disastrous insurance policies.
Trump praised his steep worldwide tariffs on social media Monday as a boon to the U.S. and reportedly credited his commerce struggle throughout a roundtable later that day for bringing within the cash to fund the crop farmer bailout he triumphantly introduced in the course of the occasion.
“No doubt the tariffs are a factor in this, Bret,” Hume instructed “Special Report” host Bret Baier.
Baier had launched the dialogue by summarizing the bundle, which is able to embrace $11 billion in one-time funds to crop farmers beneath the Agriculture Department’s new Farmer Bridge Assistance Program and $1 billion for different crops this system doesn’t cowl.
The conservative pundit famous that this reduction is about to be paid out by February. He then acknowledged that crop costs have “taken a hit” beneath Trump, whose commerce struggle led China — the biggest purchaser of U.S. soybeans — to completely halt after which drastically curb purchases.
“There’s no getting around that,” Hume stated Monday in regards to the influence of Trump’s tariffs. “And it’s put the president now in a position where he’s got to try to help the farmers. They’re calling it a ‘bridge,’ but it’s not a bridge loan; this is a subsidy.”
He added that this $12 billion in assist will merely be paid out to the farmers, “who are hurting.”
Hume continued, “I don’t dispute that for a second. But it is a president who is otherwise mostly conservative on economic policies engaging in a government program to try to bail out farmers who are hurt by his other program — that, of course, being the tariffs.”
Trump introduced a sweeping 10% baseline tariff in April on all imports to the U.S., with levies on China ultimately set at 30%. He has repeatedly maintained that overseas nations, relatively than American customers themselves, will foot these elevated prices.
Trump has beforehand dismissed affordability as a non-issue. Baier famous Monday that he appears to be taking it extra significantly now because the 2026 midterms method, however stated speaking about prices “is something different” than really doing one thing about them.
Hume known as it a “thorny issue,” arguing that Trump would solely be additional pilloried for ignoring the issue, one Hume himself had famous earlier was not less than partially attributable to Trump’s tariffs.
“He has got to try to talk about it, and obviously there is a considerable hope that his program, as it kicks in next year, produces a new boom and that people’s fortunes will be up across the board and prices won’t worry people so much,” Hume stated, earlier than including, “But that’s what he’s bought to hope for, as a result of getting them down might be mission unattainable.
https://www.huffpost.com/entry/fox-news-brit-hume-cold-truth-donald-trump-farmer-bailout_n_6938248ce4b064dbeef04323