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Trump to announce $12 billion in aid to farmers

The $12 billion package includes $11 billion in one-time payments to row-crop farmers, funded by tariff revenue, aiming to mitigate losses from trade disruptions and market challenges.

  • 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.
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Minnesota's ag commissioner calls $12 billion farm bailout 'needed and welcome'

ST. PAUL — Many view the $11 billion in federal aid for row crop farmers and another billion for other crop farmers who are looking into an emerging farm crisis as a Band-Aid. President Donald Trump on Monday, Dec. 8, unveiled a $12 billion aid package for American farmers hurt by trade disruptions, many of whom face the financial trenches as they plan for next year's crop. Trump said the bailout will come from tariff revenues despite facing bil…

·Cherokee County, United States
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How a new Trump administration relief program could help struggling US farmers

The Trump administration is announcing $12 billion to help farmers facing economic headwinds after a turbulent year for trade.

·Jackson, United States
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Benzinga broke the news in New York, United States on Monday, December 8, 2025.
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