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Trump Signals He's Prepared to Give Farmers More Federal Aid

1 month ago   |   By

President Donald Trump signaled Friday that he's prepared to tap federal coffers again to help farmers suffering from the tariff fights that he initiated.
The Trump administration over the past two years has committed to providing farmers with $27 billion in assistance. Agriculture Secretary Sonny Perdue has said that a third year of financial assistance would not be necessary since China had committed to increasing its agriculture purchases under a Phase 1 trade deal.
But China's economy is being rocked by the new virus that has infected more than 75,000 people and forced many businesses...
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Trump signals he's prepared to give farmers more federal aid

1 month ago   |   By

WASHINGTON - President Donald Trump signaled Friday that he's prepared to tap federal coffers again to help farmers suffering from the tariff fights that he initiated.
The Trump administration over the past two years has committed to providing farmers with $27 billion in assistance. Agriculture Secretary Sonny Perdue has said that a third year of financial assistance would not be necessary since China had committed to increasing its agriculture purchases under a Phase 1 trade deal.
But China's economy is being rocked by the new virus that has infected more than 75,000 people and forced...
Read more ...

 

Trump teases more trade bailout money for farmers

Trump teases more trade bailout money for farmers

1 month ago   |   By

President Donald Trump suggested on Twitter today that he would give more bailout payments to farmers this year as they wait for trade deals to boost farm exports.
“If our formally targeted farmers need additional aid until such time as the trade deals with China, Mexico, Canada and others fully kick in, that aid will be provided by the federal government,” Trump tweeted in all-caps. He also added, erroneously, that the money for the aid would come from tariffs his administration has slapped on billions of dollars of imported goods.
The Agriculture Department has already paid farmers more...
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