President Trump to Announce $12 Billion Farm Aid Package Amid Tariff Challenges
President Donald Trump is set to announce a $12 billion farm aid package during a roundtable at the White House. The aid, primarily directed towards crop farmers, will be distributed through the Farmer Bridge Assistance program, with $11 billion allocated for one-time payments. The remaining funds will support farmers whose crops are not covered by the program. Treasury Secretary Scott Bessent and Agriculture Secretary Brooke Rollins will be present at the event, alongside farmers from various sectors including corn, cotton, sorghum, soybean, rice, cattle, wheat, and potatoes. The announcement comes amid ongoing challenges faced by the farm economy, attributed to the impact of tariffs and previous administration policies. Rollins emphasized the administration's efforts to open markets through trade deals, aiming to reduce farmers' reliance on government aid.