President Trump on Monday unveiled $12 billion in aid to US farmers, as the agricultural sector deals with the fallout from his sweeping tariff policies. Trump and other top administration officials discussed the package at a roundtable event with farmers at the White House.
The sector has been hit particularly hard from the president’s ever-changing trade policies, as they have struggled to sell crops and been hit by higher costs. Soybean exports have come in particular focus, with trade slowing to a crawl as China virtually halted its purchases before the countries agreed to a trade truce in October.
Trump said the money for farm relief would come from a “small portion” of tariff-related revenues.
The farm bailout comes as US Supreme Court is poised in the weeks ahead to decide the legality of the majority of President Trump’s tariffs. The president invoked the…
