Trump Announces $12 Billion Aid Package for Farmers Hit by Trade Disputes
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President Donald Trump has unveiled a $12 billion aid program for American farmers affected by recent international tariffs. The move comes as he blames his political rival, former President Joe Biden, for the sector's current challenges.
The new aid echoes similar measures from Trump's first term. During a 2018-2019 trade dispute, retaliatory tariffs from other countries caused over $27 billion in losses for U.S. agricultural exports. To offset those losses, his administration provided significant financial support to farmers.
The latest package aims to stabilize the agricultural industry amid ongoing trade tensions. President Trump emphasized his support, stating, "We love our farmers," as the administration detailed the planned relief.