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Farmers were hit so hard that the Trump Administration ended up spending $23 billion to make them whole. Read More: Here’s Where China’s Retaliatory Tariffs Could Hit Hardest.
To improve trade competitiveness, the Trump administration revealed a plan to help US farmers in the form of state aid., [8] with a planned bailout program of $12 billion state aid to US farmers suffering from the US-China trade war. In 2018 Trump administration introduced $16 billion (~$19.1 billion in 2023) of new trade aid.
U.S. farmers want something from President-elect Donald Trump that his trade policies mean he is unlikely to deliver: increased access to the market of top soy-importer China. Trump's Republican ...
The Trump administration is spending $28 billion to bail out farmers hurt by the president’s trade war with China – a huge sum that some experts say overestimates the economic losses inflicted ...
The president's plan to offer $12 billion in government assistance to farmers impacted by his trade war with China drew swift criticism from members of his own party.
SMITHTON, Pa. (AP) — Donald Trump sat in a large barn in rural Pennsylvania on Monday, asking questions of farmers and offering jokes, but in a rarity for his campaign events, mostly listening. The bombastic former president was unusually restrained at an event about China's influence on the U.S. economy, a roundtable at which farmers and ...
The researchers said farmers in the Midwest received significant federal subsidies to cushion the blow in 2018 and 2019, but that California farmers were largely left out of the government ...
Some farmers are very concerned about what their loan officers are going to say.” That includes the Olsons. While their corn crop was good, and they also make money from finishing about 14,000 conventional hogs a year, they lost their entire 2024 wheat crop to disease.