Trump’s China deal: -China agrees to buy $50B of ag products this year. -That's a gain of $29B from before Trump tariffs. -Trump tariffs have cost U.S. farmers $11B. -U.S. taxpayers have spent $28B on emergency payouts to farmers. -So loss to U.S. is $39B. You do the math.

Trump’s China deal:

-China agrees to buy $50B of ag products this year.

-That's a gain of $29B from before Trump tariffs.

-Trump tariffs have cost U.S. farmers $11B.

-U.S. taxpayers have spent $28B on emergency payouts to farmers.

-So loss to U.S. is $39B.

You do the math.

— Robert Reich (@RBReich) January 15, 2020