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Trump floats new round of farm bailouts

Summary

Latest Trump tariffs to hit imported drugs, trucks, and furniture

Full Text

Also in today’s edition of ‘Regular Order’ for September 26, 2025:

Democrats denounce indictment of Comey.

Blame game ramps up over shutdown.

Group of House Dems call for RFK Jr. resignation.

TRADE.

Things haven’t been going great for years in Farm Country. And it isn’t getting any easier for American farmers because of President Trump’s tariffs, which have drawn retaliation by China and other major trading partners. On Thursday, Trump again said he’s ready to give billions to U.S. farmers to offset trade troubles caused by his own tariffs.

CONGRESS.

Most Republicans in Congress have been silent about the trade pressure building on farmers, even as China stopped buying millions of tons of soybeans. “Why would USA help bail out Argentina while they take American soybean producers’ biggest market?” tweeted Sen. Chuck Grassley (R-IA).

DEMS.

“President Trump finally admitted what I’ve been saying since May: his tariff agenda is killing farm country,” said Rep. Shontel Brown (D-OH). “Their tariff policies caused this,” added Rep. Sean Casten (D-IL).

REVENUES.

The same basic thing happened in Trump’s first term when fallout from Trump’s tariffs against China led to a $28 billion bailout for farmers. “We’re going to give it to our farmers, who are for a little while are going to be hurt until the tariffs kick in to their benefit,” Trump said.

USDA.

Agriculture Secretary Brooke Rollins told reporters this week that some kind of extra federal aid package is definitely needed. “Soybean, corn, wheat, sorghum, cotton farmers are facing very difficult times,” said Rollins.

FARM BUREAU.

A quote from the head of the American Farm Bureau Federation - after a July meeting with President Trump - rings in my head. “I told him we didn’t support his tariffs because they hurt us, but that we sure hope his direction is successful,” said Georgia farmer Zippy Duvall.

GOP.

Trump’s talk of a new bailout was welcomed by some Republicans in Congress. “South Dakota farmers are seeing record crop production in a year where the markets are tough, to say the least,” said Sen. Mike Rounds (R-SD). “This short term relief will be welcome as they bring in fall harvest.”

CONGRESS.

But any aid for farmers would have to be approved by the House and Senate. Let’s just say Trump wants $30 billion for aid to farmers. Why would Democrats on Capitol Hill help approve that without winning concessions on something they want? Think about that for a minute.

NEW TARIFFS.

If you think Trump is done with his tariffs - think again. On Thursday night, the President announced 100 percent on ‘patented’ pharmaceutical products, 25 percent duties on heavy trucks and truck parts, and 50 percent levies on imported kitchen and bathroom furniture. The new tariffs go into effect on October 1.

DRUGS.

In posts on his Truth Social website, Trump told big pharmaceutical companies that they could avoid the 100 percent tariff by building production facilities in the U.S. “There will, therefore be no Tariff on these Pharmaceutical Products if construction has started,” Trump wrote.

STOCKS.

Overnight, stocks fell in Asia for drug manufacturers, as companies scrambled to figure out the impact of Trump’s latest tariff regime. What will be hit by these new taxes? One drug industry executive I spoke to wasn’t sure.

COMMENTS.

As for the truck tariffs, some trucking companies oppose the idea of import duties on trucks and truck parts. “The added financial burden will further diminish profitability, and the costs could be passed on to American consumers,” wrote the Trucking Carriers Association.

IMPACT.

Americans often complain about high prescription drug prices. I’m not sure how possibly increasing prices even more with tariffs on imported drug products is going to help that. Maybe you have some ideas.

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COMEY.

Democrats last night denounced the indictment of former FBI Director James Comey, saying it was nothing but the work of a President intent on punishing his political enemies. “Comey’s case is a joke,” said Rep. Dan Goldman (D-NY). “It’s Comey today, but it could be anyone tomorrow,” added Sen. Elizabeth Warren (D-MA).

DETAILS.

The charges are based on testimony that Comey gave in September 2020 to the Senate Judiciary Committee, when he spoke about the Trump-Russia investigation, and a probe into Hillary Clinton’s email server. Answering questions from Sen. Ted Cruz (R-TX), Comey said he did not approve FBI leaks to the news media.

GRAND JURY.

The indictment said that Comey had not “authorized someone else at the FBI to be an anonymous source in news reports.” Those ‘false and misleading statements’ were used as the basis to also charge the former FBI chief with ‘Obstruction of a Congressional proceeding.’

STATEMENT.

“My family and I have known for years that there are costs to standing up to Donald Trump,” Comey said in a statement. “We will not live on our knees, and you shouldn’t either.”

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SHUTDOWN SHOWDOWN.

As we head into the weekend, nothing has changed on the possibility of a government shutdown starting next Wednesday. The White House wants the Senate to approve a House-passed plan to fund the government for seven weeks. Democrats say that’s unacceptable. And so, the clock ticks.

FIRINGS.

Democrats continue to denounce a White House budget memo which foreshadows mass firings of government workers - if there is a funding lapse on October 1. “Threatening mass firings rather than negotiating to keep the government open is reckless and cruel,” said Rep. Doris Matsui (D-CA).

DEMS.

“Donald Trump and Republicans are barreling the country toward a painful shutdown,” said Rep. Adriano Espaillat (D-NY). “Trump is now using the livelihoods of our federal workers as coercive leverage while refusing to negotiate to keep the government open,” added Rep. Jamie Raskin (D-MD).

BLAME GAME.

If you tune out this weekend from shutdown news -that’s probably okay. The next few days will be all about each side blaming the other for this funding impasse. I will say yet again that history should give Democrats little hope that they will win this spending faceoff.

NEXT WEEK.

The Senate comes back on Monday - still evidently short on votes to approve a House-passed 7-week temporary funding measure. The House isn’t due back until after the October 1 funding deadline - and by then, the shutdown could be underway.

ELECTION TIME.

Sometimes the political attacks which occur around Election Day aren’t really on target. I saw one yesterday from former House Speaker Newt Gingrich, who was going after the Democrat running for Governor in Virginia, Abigail Spanberger.

NEWT.

“Why did Congresswoman Spanberger vote against the continuing resolution to keep the government open,” Gingrich tweeted on Thursday. “She should be voting to keep the government open and federal employees in the jobs not for a shutdown and layoffs or even firings for her constituents.”

MAYBE NOT.

That comment makes sense - except for the part about Spanberger voting on the CR. That’s because Spanberger left the Congress after the 2024 elections. She’s not on Capitol Hill right now.

GARDEN STATE.

The other big election attack story which developed on Thursday targeted the House Democrat running for Governor of New Jersey. The Trump Administration basically leaked the military records and personal information of Rep. Mikie Sherrill (D-NJ). Democrats were furious.

RECORDS.

“Trump is weaponizing the government against his political opponents,” said Rep. Jason Crow (D-CO). “The Trump administration just illegally handed over a Democrat’s full military record to her GOP opponent,” added Rep. Lori Trahan (D-MA).

ATTACK.

Republicans immediately used it to attack Sherrill, saying it showed that Sherrill was caught up in a cheating scandal at the Naval Academy. It comes as Republicans hope to make a late charge in the New Jersey race for Governor.

CHARLIE KIRK.

In the week since the U.S. House

approved a resolution

honoring conservative activist Charlie Kirk, who was gunned down at an event in Utah, Republicans have made clear that they will try to use that issue to pressure swing seat Democrats. It represents one additional attack line for the GOP as we roll into the 2026 midterm elections.

BUCKEYE.

Hoping to defeat freshman Rep. Emilia Sykes (D-OH), the campaign arm of House Republicans wasted no time attacking Sykes for opposing a resolution about Kirk. “She can’t even get herself to condemn political violence and honor a man whose only crime was loving America,” said the National Republican Congressional Committee.

GOLDEN STATE.

The NRCC went after freshman Rep. Dave Min (D-CA) in similar fashion. “Unhinged lunatic Dave Min has spent FIVE straight days peddling lies and conspiracy theories about Charlie Kirk’s assassination,” the NRCC boomed, sending out this video of Min being pursued by a reporter in a Congressional office building.

NOT MENTIONED.

The NRCC did not mention that Min was one of 95 House Democrats who voted for the Kirk resolution. That group was made up of mainly members in swing seats, along with more veteran Democrats who have been in Congress for years.

NOT SPOOKED.

One group of Democrats stood almost united on Kirk - that’s members of the Congressional Black Caucus. They overwhelmingly voted against the Kirk resolution, with Black lawmakers making no bones about some of Kirk’s past statements about civil rights.

STATEMENT.

“We strongly disagree with many of the beliefs Charlie Kirk promoted,” the Black Caucus said

in an official statement

on the Kirk resolution, “including his belief that the Civil Rights Act of 1964, which ended racial segregation, was a mistake.”

VOTES.

But not every Black lawmaker voted that way. Rep. David Scott (D-GA), who represents a racially mixed district in and around Atlanta, voted for the Kirk resolution. And maybe the most notable vote for it was from House Democratic Leader Hakeem Jeffries.

EXPLANATION.

How do we s

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Document ID: trump-floats-new-round-of-farm-bailouts