President Trump Announces $12 Billion Aid Package for Farmers Affected by Trade War with China
President Donald Trump has announced a $12 billion aid package aimed at supporting U.S. farmers who have been adversely affected by the ongoing trade war with China. The announcement was made during a roundtable discussion at the White House, where Trump was joined by Agriculture Secretary Brooke Rollins, lawmakers from agricultural states, and farmers. The aid package is designed to provide financial relief to farmers who have faced difficulties selling their crops due to increased tariffs imposed by China in response to U.S. trade policies. The package includes $11 billion in one-time payments to row-crop farmers and an additional $1 billion reserved for specialty crops. The funds are expected to be distributed by the end of February, with payments capped at $155,000 per farm or individual, and eligibility limited to those earning less than $900,000 annually. 
