President Trump's $12 Billion Farm Aid Package Aims to Stabilize Agriculture Amid Trade Tensions
President Trump has announced a $12 billion farm aid package designed to support U.S. farmers affected by global trade disputes. This initiative comes as part of efforts to stabilize the agriculture sector, which has been impacted by tariffs and strained trade relationships, particularly with China. The package includes direct payments and subsidies to help farmers manage the financial volatility caused by these trade tensions. Additionally, the Trump administration has proposed a 5% tariff on Mexican imports, which could further complicate U.S.-Mexico trade relations and affect a significant portion of U.S. agricultural exports. The aid package is intended to provide immediate relief to farmers, though its long-term effects remain uncertain.