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

world
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Moneycontrol•08/12/2025
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.
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