In 2025, US farmers are eligible for a $10 billion emergency commodity assistance program (ECAP) to address losses from the 2024 crop year. Applications for this program are accepted from March 19 to August 15, 2025. Additionally, the Farm Bill extension, which was approved in November 2024, gives Congress more time to finalize a new farm bill.Â
There are a number of moving pieces. But none of them are subsidies. One piece is by increasing the supply. The Bidan administration was artificially decreasing the supply. A big piece is the reduction of money for nothing. The primary cause of inflation. A large part of DOGE operations. Tariffs on the other hand are less than 1% extra cost on the economy. Imports are 11% compared to our GDP. Tariffs will end up a little over 10% overall. But the US will feel very little of the cost because the seller will typically have to eat the costs because we the buyer are in the power position. Protection tariffs do increase prices, but they are a very small impact on the final price of the product.
How is trump able to lower prices by executive fiat? This isn't a free market, subsidies are criminal.
In 2025, US farmers are eligible for a $10 billion emergency commodity assistance program (ECAP) to address losses from the 2024 crop year. Applications for this program are accepted from March 19 to August 15, 2025. Additionally, the Farm Bill extension, which was approved in November 2024, gives Congress more time to finalize a new farm bill.Â
There are a number of moving pieces. But none of them are subsidies. One piece is by increasing the supply. The Bidan administration was artificially decreasing the supply. A big piece is the reduction of money for nothing. The primary cause of inflation. A large part of DOGE operations. Tariffs on the other hand are less than 1% extra cost on the economy. Imports are 11% compared to our GDP. Tariffs will end up a little over 10% overall. But the US will feel very little of the cost because the seller will typically have to eat the costs because we the buyer are in the power position. Protection tariffs do increase prices, but they are a very small impact on the final price of the product.