'Making America 1929 Again': GOP Sen. Sasse Rips Trump on Tariffs, Planned Farmer 'Bailout'
Nebraska Senator Ben Sasse blasted President Donald Trump after he tweeted that "tariffs are the greatest" and floated a multi-billion-dollar aid package to farmers affected by retaliatory tariffs from China and elsewhere.
Sasse, a Republican, represents thousands of farmers in the Cornhusker State, and said that his constituents "don't want to be paid to lose" but "want to win by feeding the world."
Tariffs are the greatest! Either a country which has treated the United States unfairly on Trade negotiates a fair deal, or it gets hit with Tariffs. It’s as simple as that - and everybody’s talking! Remember, we are the “piggy bank” that’s being robbed. All will be Great!
— Donald J. Trump (@realDonaldTrump) July 24, 2018
"This trade war is cutting the legs out from under farmers and the White House's plan is to spend $12 billion on gold crutches," Sasse said in a statement read by Casey Stegall on "Shepard Smith Reporting."
Sasse said he doubted Trump's trade policies will Make America Great Again as promised, but instead "Mak[e] America 1929 Again."
In that year, President Herbert Hoover signed a major tariff bill, which was later followed by a Wall Street crash and the Great Depression.
Tennessee Republican Sen. Bob Corker echoed Sasse, saying he is "glad" the White House appears to be admitting "the Trump-Pence tariffs are hurting the American people."
"These tariffs are a massive tax increase on American consumers and businesses, and instead of offering welfare to farmers to solve a problem they themselves created, the administration should reverse course and end this incoherent policy," Corker said.
Trump said in a speech to the VFW that farmers will be "the biggest beneficiary" in the long run.
Trade is great for America. It's great for American families. Trade creates jobs & lowers prices for American families.
Trade wars do the opposite. No trade war has ever worked. We don't want to make America 1930 again. pic.twitter.com/fK7oy7GcVz
— Senator Ben Sasse (@SenSasse) March 2, 2018
AP Reporter Ken Thomas told Shepard Smith that Trump sees the possible subsidy as a "short-term way" to get the president more time to negotiate trade deals that will result in the benefits promised.
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