Ending tariffs would save taxpayers billions in unnecessary farm subsidies

With much of the world still reeling from the outbreak of COVID-19 and justifiable outrage over the death of George Floyd, an under-the-radar but troubling report details how recent farm subsidies are being distributed wastefully.

The study found that in 2019, subsidies to cotton farmers were up to 33 times more than the actual loss in sales suffered due to foreign retaliation to President Trump’s tariffs. In 2018, farmers had already been paid up to 8 times more than their trade losses.