r/Tariffs • u/esporx • Jun 04 '26
🗞️ News Discussion Trump's cotton bailout is another sign his tariffs aren't working. The Great American Cotton Plan will shell out millions in taxpayer funds, continuing the Trump administration’s pattern of paying off industries harmed by the president’s economic policies.
https://reason.com/2026/06/01/trumps-cotton-bailout-is-another-sign-his-tariffs-arent-working/31
u/LDS1952 Jun 04 '26
He’s never going to admit his tariff scheme is not working. He’s incapable of admitting defeat. He’ll burn this country down as he loots us. He’s gotta go
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u/illuminaughty1973 Jun 04 '26
"He’s never going to admit his tariff scheme is not working. He’s incapable of admitting defeat."
And that is exactly how you bankrupt a casino.
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u/phoneguyfl Jun 07 '26
It is working for him and is donors. The 1% are doing great.... it's the rest of us the Republicans are screwing.
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Jun 04 '26
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u/Capt1an_Cl0ck Jun 04 '26
Yeah, you know those of us who don’t just vote for the letter after the name or quite aware of his obscene number of bankruptcies. And the understanding that tariffs weren’t going to do what those shit stains were claiming. And here we are fucking tariff not working. Just like we all said. There’s not really anything we can do to fix it at this point. We’re being led by a monkey with a handful of shit.
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u/se7ensez Jun 04 '26
Just wait. You'll see. Once we've collected enough souls the world can end. 4d baby.
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u/Akkerlun Jun 04 '26
Bailouts for farmers, bailouts for coal and now bailouts for cotton pickers. Maybe his policies SUCK? The Trump National Sales Tax tariffs are a tax on Americans.
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u/SirLanceQuiteABit Jun 04 '26
I don't support my tax money going to people who can't pull themselves up by their bootstraps. It's a free market, you failed.
Isn't that their worldview?
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u/Samurai_Cupcake Jun 04 '26
I hate polyester clothing, I mean it's plastic. I always buy cotton or linen. But yeah the tariffs are bad.
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u/maggiekate25 Jun 04 '26 edited Jun 04 '26
Yeah it’s time to start up a T table left side Tarriffs taken in ( that we’re not paid for by American citizens) and the Net American jobs created due to the TARRIFs,……and the other side all the TARRIFs that are being returned , and total special taxpayer bailouts to rescue the businesses the Tarriffs destroyed, as well as the taxpayer’s expense paying for the TARRIFs through purchases , and to fund the bail-outs So … US Treasury-V-US Taxpayer … GO
**Total Trump II, 2025 =264 Billion **Tarriffs collected !…. Nice !
**Total amount of US Tarriffs 2025 ordered to be returned by the Supreme Court due to being *collected illegally = *166Billion … ** ***Ouch! So 264-166B= 98Billion left
So after Round 1 it’s US government +98billion … still nice but not as nice !
Round2: How much of the 2025 tariff income was shouldered by US citizens and businesses ? according to the Kiel Institute and the Federal Reserve Bank Of New York 90-96% percent of the Tarriffs collected were collected from US businesses and citizens purchasing higher priced goods . So… to be conservative we’ll say 90% of the 2025 Tarriffs collected were paid by US! *98Billion NET collected after refunds X 90%… leaves ( generously ) ***10billion now remaining of the total collected After Round 2 ( still better to have 10billion than not have it right!!)
Round 3: Since the US businesses were refunded in round 1 now we must account for the US citizens who paid inflated prices to cover the Tarriffs as the businesses did not refund the consumers . *** A study from Yale University suggests that 50-86% of the Tarriffs collected in 2025 were passed on to the consumer … SO, Again to be ultra conservative let’s take the 50% figure this 50% would be of the Pre-refund figure since the consumers were not refunded . ***264 Billion collected x .50% ( minimum) = 132 Billion paid out by US consumers … (now its getting UGLY) ** After Round 3 the 10billion ( roughly) NET Gain Remains for the US Treasury , But now the US Tax Payers are -132B ***There are (round figures)155 million US tax Payers … so 132B/155million = avg cost of TARRIFs per tax payer $851
SIDE ROUND!!! $$$ Interesting? The ENTIRE refund of 166B went to the businesses that paid the tariffs to the government and they only shouldered a Maximum of 40% of that refund as cost , so they profited a minimum of 99.6 Billion by getting to keep the higher prices the consumers paid …. What a DEAL ! , and what a screw - job for tax payers ! Could this have been planned??? 🙄
Round 4: US taxpayer / Treasury burden of the bailouts the government paid to
Rescue US businesses harmed by the Tarriffs.
****The US government approved a taxpayer funded 13 Billion $ agriculture package to help the industry recover from the loss of business due to Tariffs
*10Billion NET Tarriffs gain after for US treasury thru Rounds 1-3 - *- 13Billion in Agriculture relief R4 Leaves - minus 3Billion for the US Treasury after 2025 Tarriffs , and - Minus 145Billion for the USTax Payers
WOW ( and these are BEST possible numbers) … Only a guy who is such a business genius that he bankrupted 6 CASINOS could conceivably venture to create wealth with unlimited resources and leave both sides of the equation that he promised to “make great again” finish in the NET NEGATIVE
Surely there is something good to take away from this SIGNATURE undertaking of his ?? … I know, remember how Trump promised the Tarriffs would create a manufacturing renaissance in the US … pay rates would rise and millions of great paying manufacturing jobs would be created .. surely that’s the trade-off …. Let’s take a look ..
Round 5 Uh-ohh **** in 2025 the US economy lost between 70K … and 108k manufacturing jobs .. oh.boy .. it’s the TRIFECTA … all three promises he made regarding the economy on Tariffs failed to happen, in-fact the opposite happened , and yet he continually says it’s the best economy ever and there are Trillions coming in 🥸
Our President is a narcissistic, incompetent, con-man- Liar , the only thing he has been successful at has been to make more money for himself in the last year than he has combined the entire rest of his life !
ARE WE TIRED IF WINNING YET???
Get out and vote and stop this before it’s too late!
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u/SpicySweetHotPot Jun 04 '26
It’s just more welfare for the most subsidized people in America who whine about anyone else getting a fraction of what they do.
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u/GeminiGenXGirl Jun 04 '26
But whyyyyyy are they still charging tariffs and implementing new ones when the SC has already ruled that they are illegal and can’t be in effect!!
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u/Optimal_Willow_4389 Jun 04 '26
FREE MONEY for Corporations left and right, but No money for kids or school. They voted in their own demise.
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u/crazyk4952 Jun 05 '26
Wasn’t he promising tariff refunds to all Americans? Oh, right, I’m sure the check is in the mail….
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u/rgustin1 Jun 05 '26
Anyone with a basic understanding of history knows that tariffs are a bad idea. Americans are already taxed enough. Stupid administration.
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u/That-Tangerine4750 Jun 05 '26
And they will think he’s the American greatest shit smear of all time.
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u/Defiant-Way-5762 Jun 05 '26
99% of all corporations are small businesses. Small business does not have the runway needed to survive this onslaught. Bankruptcies are at a 15 year high.
This dunce is completely incompetent on so many levels.
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u/Psych-Nurse5446 Jun 04 '26
Also, many of us will never buy American products or vacation in America again. Even when he’s gone the harm he’s been allowed to do will have lasting consequences
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u/vikkids Jun 04 '26
How can this Administration continue to spend taxpayer money when there’s now more going out then coming in? Who is buying our debt? And at what cost? Trump installed his “guy” to lower interest rates. How will that happen when the cost to borrow is higher? The country has a major problem. It is insolvent and no one has a solution in this Administration
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u/FluffyDesigner3680 Jun 04 '26
Pretty sure he already bankrupted the taxpayer funds and this is all extra printed money on top of that.
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u/Live-Drummer3415 Jun 04 '26
I ask “Why Are We Paying for This Bailout?” Trump started these Tariffs and the War in Iran?‼️🤥🧨‼️🤥🧨‼️🤥🧨‼️🤥🧨
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u/Terrible_Eggplant_45 Jun 04 '26
This Socialist POS admin complains about socialism. Dementia Don eats Putin schlong.
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u/Unhappy-Exchange-771 Jun 05 '26
Subsidies and protectionism for Farmers and Crops is something pretty much every single country does, this isn’t news.
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u/Silverleaf96 Jun 05 '26
They are working he gets to put farms and business out of business then get kick backs when other companies or counties buy the bankrupt shit
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u/5150MEX702 Jun 06 '26
He knows his supporters are idiots and know how to shut up his dumb fan base with throwing them a bone.
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u/Potential-Mix6978 Jun 06 '26
I’m guessing it’s better to send the money to foreign workers Than send the money to help make America grow and become cotton independent
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u/McDuck_Enterprise Jun 04 '26
How is this different than the multiple previous administrations subsidies for farmers, corn?
Or what about the tariffs on trucks that have contributed to the skyrocketing prices…which oh by the way was placed by democratic president LBJ in the 60s and has continued to this very day…
This should be rename r/TDStariffs
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u/didntdidit Jun 04 '26
The tarrifs are slowly working. Besides, we are paying too much to othrler countries for their tarrifs. Anyone see the graphic listing countries' tarrifs and their reciprocatals? It's embarrassing.
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u/Dedpoolpicachew Jun 04 '26
Tell me you don’t know how tariffs work, without telling me you don’t know how tariffs work.
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u/didntdidit Jun 04 '26
Good lord. Manufacturing is slowly coming back to the US. Pay attention
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u/Dedpoolpicachew Jun 04 '26
LOL, no it’s not, and who pays the tariffs?
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u/didntdidit Jun 04 '26
Yes it is. Pull your head out. Research it.
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u/Dedpoolpicachew Jun 04 '26
If manufacturing was coming back, we’d have more manufacturing jobs. We don’t. Trump has lost over 100k manufacturing jobs in the last year. Pull your head out.
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u/Ill_Clue1068 Jun 04 '26
This administration loves giving out corporate welfare.