President Donald Trump may have thought that defunding the U.S. Agency for International Development (USAID) would only hurt foreigners -- but it turns out he could actually be mistaken.The Washington Post reports that shuttering the agency entirely "threatens billions of dollars the agency spends o...

Summary

Trump’s move to defund USAID is causing unintended consequences for American farmers and businesses.

The Washington Post reports that USAID purchases billions in U.S. agricultural products, with American farms supplying 41% of its food aid.

The funding freeze has already halted $340 million in food shipments, leaving tons of wheat stranded in Houston.

Experts warn this decision directly harms American jobs and businesses, as much of USAID’s aid is administered through U.S.-based organizations employing American workers.

  • Kompressor @lemmy.worldEnglish
    222·
    17 days ago

    Surely they’ll still buy those goods and give them to Americans. They aren’t just dissolving programs and making money disappear, couldn’t be.

    • Corkyskog@sh.itjust.works
      2·
      16 days ago

      According to AOC this whole cutting nonsense is because they need to come up with up to 4 billion dollars to get the votes to pass their new tax reduction plan for the rich.