Reuters published an article on the Trump administration extending the subsidies program for farmers who need assistance as the trade war with China continues. Senior Research Fellow Joseph Glauber criticized the farm subsidies program. He found at least five empirical studies showing USDA overstated the trade war impact on the U.S. soybean market and farmers, and the agency may have overpaid some producers. Republished by New York Times, Economic and India Times Auto.com, Yahoo India, US News & World Report, Hellenic Shipping News, Insurance Journal, Reuters UK, Business Live South Africa, Nasdaq, and more than thirty other outlets.
U.S. farmers still dependent on trade aid after China deal (Reuters)
March 13, 2020