US EditionTrump to announce $12 billion in aid to farmers
The $12 billion aid includes up to $11 billion in one-time payments to row-crop farmers to offset losses from tariffs and low commodity prices, officials said.
- On Dec 8, President Donald Trump will unveil a US$12 billion farm aid package, announcing it with Treasury Secretary Scott Bessent and Agriculture Secretary Brooke Rollins at an event with commodity producers.
- Amid low crop prices and rising input costs, farming communities face a severe cost-price squeeze with fertilizer and other input costs climbing, the administration says.
- The administration says the bulk of the funds will be delivered as up to US$11 billion in one-time payments to crop farmers under the Farmer Bridge Assistance program, with the balance authorised under the Commodity Credit Corporation and administered by the Farm Service Agency.
- The administration points to precedent in 2018–2019 when US$28 billion was handed out to farmers, echoing aid during Trump's earlier trade spat with China, amid Republican lawmakers' frustration ahead of the 2026 midterm elections.
- Soybean farmers in particular faced strain when Chinese purchases stalled earlier this year, and China bought 2.25 million tons since Oct 30 but remains far short of a 12 million-ton target.
46 Articles
46 Articles
Trump is proposing a US$12B farm aid package to soften blow of his tariffs, White House official says
President Donald Trump is planning a US$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, according to White House official.
Trump plots $12 billion farmer bailout following 'fallout' from 'far-reaching tariffs'
The Wall Street Journal reports that President Donald Trump will unveil a $12 billion bailout to farmers suffering under his "far-reaching tariffs.""Much of the aid — $11 billion — will be in the form of one-time payments through the Farmer Bridge Assistance program, which helps U.S. crop farmers," the Journal reports."The remaining $1 billion will go toward commodities not covered under the bridge assistance program, the officials said. Bloombe…
Trump Set to Unveil $12 Billion Aid for Farmers Hit by Trade War
The Trump administration on Monday plans to unveil a long-awaited farm aid package, according Trump administration officials, offering $12 billion in assistance to a key base of support hit hard by low crop prices and the impact of the president’s tariff policies.
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