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.

    • xmunk@sh.itjust.works
      6·
      1 hour ago

      And almost like they don’t realize that large portions of the US economy is highly dependent on the US’s interventionalist stance.

      It’s like every fucking kid learns in history class. The biggest beneficiary of the US Marshall plan was the US - the US is constantly making international decisions that drive more business to the US… those decisions usually start as deficits driving aide abroad and then form strong economic and diplomatic bonds that benefit everyone.

      Trump is torpedoing the US’s relationships abroad and by doing so the US economy.