Trump unveils $12bn farm aid
world
M
Moneycontrol08/12/2025

Trump to unveil $12B aid for farmers hit by trade war

  • Trump administration plans to unveil a $12 billion aid package for farmers.
  • The aid addresses farmers hit by low crop prices and the impact of the president's tariff policies.
  • Up to $11 billion will be one-time payments to crop farmers through the Farmer Bridge Assistance program.
  • This package echoes support provided during Trump's first term amid a trade war with China.
  • Soybean farmers faced significant strain due to stalled Chinese purchases, though recent buys have increased.

Why It Matters: This aid package impacts farmers' finances and political dynamics.

More like this

Loading more articles...