Summary
President Donald Trump announced a $12 billion aid package to help U.S. farmers affected by his tariff policies. The money for this aid comes from funds raised by tariffs, and it aims to support farmers who are struggling due to trade disputes and higher costs. Trump emphasized his support for farmers, who played a big role in his 2024 election victory.
Key Facts
- President Trump announced a $12 billion aid package for farmers.
- The aid comes from money raised through tariffs.
- The aid is a response to challenges farmers face due to trade disputes.
- Farmers have had difficulties because of high costs for seeds and fertilizers.
- Up to $11 billion will go to a new program called Farmer Bridge Assistance.
- China has promised to buy U.S. soybeans, but has only bought a small amount so far.
- U.S. farmers received around $40 billion in government payments this year.
- The announcement highlights Trump's ongoing support from the farming community.
