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Trump is proposing a $12B aid package for farmers hit hard by his trade war with China
A White House official says President Donald Trump is planning a $12 billion aid package for U.S. farmers who have struggled to sell their crops while getting hit by rising costs after the president raised tariffs on China as part of a broader trade war.
President Donald Trump is planning a $12 billion farm aid package, according to a White House official — a boost to farmers who have struggled to sell their crops while getting hit by rising costs after the president raised tariffs on China as part of a broader trade war.
Farmers have backed Trump politically, but his aggressive trade policies and frequently changing tariff rates have come under increasing scrutiny because of the impact on the agricultural sector and because of broader consumer worries.
Upwards of $11 billion is set aside for the U.S. Department of Agriculture’s Farmer Bridge Assistance program, which the White House says will offer one-time payments to farmers for row crops.
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Bailout for people who voted for this madness against their own self interests. I really don't like my tax money going to this. If you're a voting bloc that voted for trump you get government cash, if not you get funding stripped away from needed programs.