A bailout for farmers caught in Trump's trade war is already being discussed. 'If we don't get something, it will be qui [View all]
Source: Fortune
A bailout for farmers caught in Trump’s trade war is already being discussed. ‘If we don’t get something, it will be quite a disaster’
Stuart Dyos
Sun, April 6, 2025 at 1:11 PM EDT 4 min read
• Trump administration officials and lawmakers are considering aid for farmers as retaliation looms against U.S. tariffs. China and Canada have already levied duties on some of the top U.S. agricultural exports. During Trump's first term, farmers got $23 billion after an earlier round of tariffs.
Trump administration officials and lawmakers have begun exploring a relief package for U.S. farmers as agricultural trade groups warn of economic repercussions from tariffs.
That’s as retaliation against President Donald Trump’s sweeping import taxes could harm U.S. exports of farm products.
“We are setting up the infrastructure that if, in fact, we have some economic consequences in the short term to our farmers and perhaps our ranchers, that we will have programs in place to solve for that,” Agriculture Secretary Brooke Rollins told reporters last week.
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Read more: https://www.yahoo.com/news/bailout-farmers-caught-trump-trade-171113348.html
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