Trump administration to provide $16 billion in aid to farmers hurt by trade war, USDA chief says
President Donald Trump is expected to unveil a $16 billion aid package for American farmers who have been hurt by the U.S. trade war with China.
Agriculture Secretary Sonny Perdue confirmed Thursday the plan's centerpiece would be a $16 billion aid program intended to help mitigate the impact of decreased agricultural purchases from China, one of the consequences of the current impasse in trade negotiations between Washington and Beijing. "Details on the new trade mitigation program will be forthcoming shortly, but we want to be clear that the program is being designed to avoid skewing planting decisions one way or another," USDA said in a statement Tuesday.
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