"Clever and generous" farm bailout coming, Hassett says
Summary
A new aid plan is being prepared for farmers affected by the trade war, according to National Economic Council director Kevin Hassett. The plan will be announced once the government shutdown is over. The trade war with China has significantly impacted farmers, particularly soybean producers.Key Facts
- A financial aid plan for farmers is in development.
- The aid is described as "clever and generous" by Kevin Hassett.
- The announcement will occur after the current government shutdown ends.
- The trade war with China has severely affected farmers, especially those who grow soybeans.
- China was a major market for soybeans, which is now closed to U.S. farmers.
- There were earlier expectations for the bailout’s announcement around October 7.
- The government shutdown delayed the announcement of the aid plan.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.