Summary
President Donald Trump plans to introduce a $12 billion aid package to help U.S. farmers impacted by a trade war with China. The aid aims to support farmers who face challenges in selling crops due to tariffs on Chinese goods.
Key Facts
- President Trump plans to announce a $12 billion aid package for farmers.
- The aid is intended to help farmers hurt by tariffs imposed on China.
- The announcement will be made during a White House roundtable event.
- Key attendees will include Treasury Secretary Scott Bessent and Agriculture Secretary Brooke Rollins.
- The farming sectors affected include corn, cotton, sorghum, soybeans, rice, cattle, wheat, and potatoes.
- U.S. farmers have experienced difficulties due to higher costs and reduced crop sales.
- Farmers have politically supported Trump, but his trade policies have been controversial.
- The aid package is part of efforts to address economic challenges from China's reduced purchases.
