Trump administration to offer $12 billion in aid to farmers

Trump administration to offer $12 billion in aid to farmers

The announcement follows retaliatory tariffs China has placed on agriculture.

July 26, 2018
Grower News Industry News

From NPR:

The Trump administration is coming to the aid of farmers hurt by its own hard-line trade policies, announcing Tuesday that it will make an estimated $12 billion in government assistance available, including direct payments to growers.

The money comes after farmers, especially soybean growers, have felt the brunt of retaliatory tariffs placed on agriculture by China and other nations that the Trump administration has penalized with tariffs on imports.

Agriculture Secretary Sonny Perdue announced the aid in a call to reporters, saying the programs "are a firm statement that other nations cannot bully our agricultural producers to force the United States to cave in."

(Related: 5 things learned from Sonny Perdue at United Fresh 2018)

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