President Trump Announces $12 Billion Aid Package for U.S. Farmers Affected by Tariffs
President Trump has unveiled a $12 billion aid package aimed at supporting U.S. farmers who have been adversely affected by his administration's trade policies, particularly the imposition of tariffs. The announcement was made at the White House, where Trump was joined by Agriculture Secretary Brooke Rollins and several farmers. The aid, known as the Farmer Bridge Assistance program, will provide $11 billion to row crop farmers, including those growing corn, soybeans, and cotton, with an additional $1 billion allocated for specialty crop farmers. The funds are expected to be available by the end of February. This initiative comes in response to the economic strain on farmers due to retaliatory tariffs from countries like China, which have significantly reduced U.S. agricultural exports, especially soybeans.