"The Trump administration is announcing $12 billion in one-time payments to farmers in the wake of this year's tariff hikes, according to the White House. The payments are targeted at row crop farmers and will be announced during a roundtable event hosted by President Trump Monday, featuring farmers affected, Treasury Secretary Scott Bessent and Agriculture Secretary Brooke Rollins, said a White House official speaking on background because they were not authorized to speak on the record."
"President Trump is helping our agriculture industry by negotiating new trade deals to open new export markets for our farmers and boosting the farm safety net for the first time in a decade. Today's announcement reflects the President's commitment to helping our farmers, who will have the support they need to bridge the gap between Biden's failures and the President's successful policies taking effect,"
The Trump administration is announcing $12 billion in one-time payments to farmers in response to this year's tariff increases. Payments target row crop farmers and will be unveiled at a roundtable hosted by President Trump with Treasury Secretary Scott Bessent and Agriculture Secretary Brooke Rollins. The payments aim to address economic concerns among key constituencies and to assist farmers after several difficult years. A White House spokeswoman framed the move as tied to trade negotiations and strengthening the farm safety net. Funds will be drawn from the USDA's Commodity Credit Corporation, previously used for similar aid during Trump's first term.
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