President Donald Trump on Dec. 8 unveiled a $12 billion economic assistance package for farmers.
The Trump administration has been embroiled in a trade war with China, in which both nations have exchanged tariffs on each other’s exports. It has resulted in some U.S. farmers struggling to sell their crops as Beijing pulled back purchases of products such as American soybeans this year and bought from other markets and nations, including Argentina.
Trump made the announcement at a roundtable at the White House to discuss his economic aid package for American farmers. He was joined by Treasury Secretary Scott Bessent, Agriculture Secretary Brooke Rollins, members of Congress, and farmers from the corn, cotton, sorghum, soybean, rice, cattle, wheat, and potato industries….
Trump Announces $12 Billion Farm Aid Program
