"Upwards of $11 billion is set aside for the U.S. Department of Agriculture's Farmer Bridge Assistance program, which the White House says will offer one-time payments to farmers for row crops. Soybeans and sorghum were hit the hardest by the trade dispute with China because more than half of those crops are exported each year with most of the harvest going to China. The aid is meant to help farmers who have suffered from trade wars with other nations, inflation, and other market disruptions."
"Farmers have backed Trump politically, but his aggressive trade policies and frequently changing tariff rates have come under increasing scrutiny because of the impact on the agricultural sector and because of broader consumer worries. The aid is the administration's latest effort to defend Trump's economic stewardship and answer voter angst about rising costs -even as the president has dismissed concerns about affordability as a Democratic "hoax.""
President Donald Trump will unveil a $12 billion farm aid package at a White House roundtable with Treasury Secretary Scott Bessent, Agriculture Secretary Brooke Rollins, lawmakers, and farmers growing corn, cotton, sorghum, soybeans, rice, cattle, wheat, and potatoes. Upwards of $11 billion is designated for the USDA's Farmer Bridge Assistance program to make one-time payments for row crops; remaining funds will support growers of crops not covered. The aid aims to offset losses from tariffs, trade wars, inflation, and market disruptions, provide marketing certainty for the current harvest, and help farmers plan for next year's planting amid slow purchases from China.
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